Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “open market”

open market

noun [C/U]  /ˈoʊ·pən ˈmɑr·kɪt/ us  
a trading situation in which anyone can be involved and prices are not controlled: New apartments will be built and sold on the open market to those who can afford them.
(Definition of open market from the Cambridge Academic Content Dictionary © Cambridge University Press)
What is the pronunciation of open market?
Add Cambridge dictionaries to your browser to your website

Definitions of “open market” in other dictionaries

Translations of “open market”

Word of the Day

improvisation

a performance that an actor, musician, etc. has not practised or planned

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More