open market

Definition of "open market"
  1. A market characterized by free competition, where buyers and sellers can conduct business, and where prices are shaped by competition
How to use "open market" in a sentence
  1. There's a high demand for handmade jewelry in the open market.
  2. She sold her vintage car in the open market for a surprising price.
  3. The profit margin for products in the open market fluctuates regularly due to competitive pricing.

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