open market

(redirected from Omi)
Also found in: Financial, Acronyms, Encyclopedia, Wikipedia.

open market

n.
1. A freely competitive market operating without restrictions: That painting might fetch a higher price on the open market.
2. The market for Treasury securities through which the Federal Reserve controls the money supply.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

open market

n
(Commerce)
a. 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
b. (as modifier): open-market value.
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

o′pen mar′ket


n.
an unrestricted competitive market in which any buyer and seller is free to participate.
[1760–70]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
References in classic literature ?
Few are the pilgrims that attain Mount Omi's heights afar; And the bright gleam of their standard grows Faint as the last pale star.
Asked whether the size of the spending cap on core policy-related outlays will be lower than 46.8 trillion yen under the fiscal 2007 budget, Omi said, ''We will discuss specific figures later.''
Danish shipping company A/S Dampskibsselskabet TORM (D/S TORM) (NASDAQ: TRMD) and Canada's Teekay Corporation (NYSE: TK) have finalised their plan for how to divide the assets of the jointly acquired US shipping company OMI Corporation (NYSE: OMI), D/S TORM said on Friday (3 August).
Running exclusively on a version of Delcam's PowerINSPECT--software used by a majority of the OMI market--when equipped with both Programmer and Play-Only modules, PowerGAGE users can accomplish a range of tasks.
''(Chan's) strongest rival is Japan's...Shigeru Omi, but we still feel confident despite facing strong competition,'' Wu said.
Dr Omi warned, however, that international assistance will be useless if affected countries themselves do not co-operate and show transparency in reporting outbreaks and sharing specimens from infected people and poultry for analysis by other countries and health agencies.
Until recently Omi's letterhead used an address in Coventry, but you wouldn't have found them there.
But that bid was scuppered by a refusal of the Stelmar board to hold talks with OMI on the grounds that it was not in the interests of shareholders.
Said Omi, "[Tobacco ads are] seeking a new generation of young smokers to `replace' the millions who die from tobacco." In 2001, South Africa enacted similar measures.
Omi was quoted by the officials as saying, ''The most important task for Japan is to make itself strong in the fields of the economy, science and technology.''
Keiichi Inamine met with Koji Omi, state minister for Okinawa and Northern Territories affairs, Thursday at the Cabinet Office and called for a new runway at Naha airport on Okinawa Island, government officials said.