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 [S]     ECONOMICS
an economic system where there are no rules about how much of something people can buy and sell : The EU is meant to be an open market , with no restrictions on purchases and sales within its borders .
FINANCE a situation in which a country's central bank buys and sells in a financial market to increase or reduce the money supply (= the amount of money in an economy ): When a central bank conducts open market operations , conditions in the financial sector could be affected .
(Definition of open market noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of open market

More Business English definitions for “open market”

Definitions of “open market” in other dictionaries

Translations of “open market”

Word of the Day


relating to behaviour between people that is pleasant and friendly, often despite a difficult situation

Word of the Day


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