open market

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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.

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.

o′pen mar′ket


n.
an unrestricted competitive market in which any buyer and seller is free to participate.
[1760–70]
References in periodicals archive ?
HOUSTON -- The Board of Trustees for AIM Select Real Estate Income Fund (NYSE:RRE), AIM's closed-end real estate fund, announced today it has approved the ability to engage in open-market purchases of its common shares.
NYSE:TDF) (the "Fund"), a closed-end management investment company, announced today that the Board of Directors of the Fund has authorized management to re-implement the Fund's open-market share repurchase program.
The company decided to turn to open-market purchases because so few shares were being tendered.
Thanks to its unrivalled cover of the French "Cat Nat" market, CCR has a very strong overall business position, although this is partly offset by its marginal presence in open-market reinsurance.