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 the Sabres were eliminated in the second round of the NHL playoffs with an overtime loss to the Montreal Canadiens on Monday, Tuch and the Sabres have until July 1 to agree on a new contract before the 30-year-old winger hits the open market. Matthew Fairburn, New York Times, 21 May 2026 According to the complaint, the land is worth at least $67 million, though some appraisers cited in the suit argue the bayfront site could fetch hundreds of millions more on the open market. Daniel Cassady, ARTnews.com, 15 May 2026 Unprocessed marijuana typically can fetch more than $600 a pound on the open market, depending on the category, but manufacturers often report to the state’s tracking system unrealistic nominal sales, often as low as a penny or dollar a pound, Lambert said. Christopher Osher, ProPublica, 15 May 2026 The price of jet fuel on the open market is now over $4 a gallon. Jim Edwards, Fortune, 14 May 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 24 May. 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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