open market

noun

: an economic market in which prices are based on competition among private businesses and not controlled by a government : free market
How much is it worth on the open market?

Examples of open market in a Sentence

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After losing generational slugger Juan Soto to a record-setting free agent offer from the New York Mets last year, the New York Yankees may be desperate to prevent another power-hitting outfielder from exploring the open market after a single season with the franchise. Jon Vankin, MSNBC Newsweek, 9 Sep. 2025 This essentially means these funds’ portfolios are worth more than their price on the open market. Michael Foster, Forbes.com, 9 Sep. 2025 Their previous club would receive compensation from the player’s happy recipients — but likely to be far less than their worth on the open market. The Athletic Uk Staff, New York Times, 6 Sep. 2025 Rantanen and Mitch Marner likely took less than an open market would have provided, but other superstars with potential market-resetting deals are still unsigned. Corey Masisak, Denver Post, 6 Sep. 2025 See All Example Sentences for open market

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“Open market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/open%20market. Accessed 11 Sep. 2025.

Legal Definition

open market

noun
: a freely competitive market in which any buyer or seller may trade and in which prices are determined by competition
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