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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To prevent him from hitting the open market, a second tag can be placed. Nick Harris, Fort Worth Star-Telegram, 1 Apr. 2026 If Garrett does indeed truly become available on the open market, a handful of teams will surely try to make a play for him. Robert Marvi, MSNBC Newsweek, 31 Mar. 2026 Meanwhile, some of the top free agents have had to sit and wait on the open market for months, no one apparently wanting to meet their asking price. Andrew Greif, NBC news, 28 Mar. 2026 Carolina lost former draft pick, Cade Mays, to Detroit on the open market, and the squad needs a long-term answer at the center position. Mike Kaye march 24, Charlotte Observer, 24 Mar. 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 3 Apr. 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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