Open market

English vocabulary and translations (See all)

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Definition

the open market: the free market
noun
Competition is high in the open market. It's a free market so there are no limits on trade.

Examples

  • "If you think about it, it's actually an advantage for you to sign a shorter contract, because you'll be in a position to sign a more lucrative deal once we see what the products will do in the open market."

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