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

Recent Examples on the Web
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The Royals will now be looking for a closer on the open market. — Jaylon Thompson, Kansas City Star, 30 Oct. 2026 Working with landowners like the Russell Farm who want to see their property remain as working farms is essential for the Farms Fund success competing on the open market for properties, Belk said. — Charlotte Observer, 29 Oct. 2026 Subsidizing these slots would allow smaller institutions, such as academia and nonprofit organizations, to avoid competing on the open market against large companies like SpaceX and Blue Origin that launch satellites regularly. — Mojtaba Akhavan-Tafti, The Conversation, 28 Oct. 2026 That means that if a property’s market value grows faster than 5% a year, the owner would pay taxes on an assessed value that’s potentially far lower than what the property could fetch on the open market. — Max Klaver, Miami Herald, 28 Oct. 2026 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 1 Nov. 2026.

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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