open market
noun
an unrestricted competitive market in which any buyer and seller is free to participate.
Origin of open market
First recorded in 1760–70
OTHER WORDS FROM open market
o·pen-mar·ket, adjectiveWords nearby open market
open interval,
open juncture,
open learning,
open letter,
open loop,
open market,
open marriage,
open mike,
open mind,
open one's eyes,
open one's heart to
British Dictionary definitions for open market
open market
noun
- a market in which prices are determined by supply and demand, there are no barriers to entry, and trading is not restricted to a specific area
- (as modifier)open-market value