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open market

o·pen mar·ket
O o

Transcription

    • US Pronunciation
    • US IPA
    • [oh-puh n mahr-kit]
    • /ˈoʊ pən ˈmɑr kɪt/
    • US Pronunciation
    • US IPA
    • [oh-puh n mahr-kit]
    • /ˈoʊ pən ˈmɑr kɪt/

Definitions of open market words

  • noun open market an unrestricted competitive market in which any buyer and seller is free to participate. 1
  • noun open market econ: unrestricted trade 1
  • singular noun open market Goods that are bought and sold on the open market are advertised and sold to anyone who wants to buy them. 0
  • noun open market 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 0
  • noun open market (as modifier) 0
  • noun open market free market 0

Information block about the term

Origin of open market

First appearance:

before 1760
One of the 46% newest English words
First recorded in 1760-70

Historical Comparancy

Parts of speech for Open market

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

open market popularity

A pretty common term. Usually people know it’s meaning, but prefer to use a more spread out synonym. About 39% of English native speakers know the meaning and use word.
According to our data about 59% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

open market usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for open market

noun open market

  • free enterprise — an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.
  • free market — an economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.
  • free trade — trade between countries, free from governmental restrictions or duties.
  • liberalism — the quality or state of being liberal, as in behavior or attitude.
  • bazaar — In areas such as the Middle East and India, a bazaar is a place where there are many small shops and stalls.

See also

Matching words

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