Open Market

Open Market
An economic system with no barriers to free market activity. An open market is characterized by the absence of tariffs, taxes, licensing requirements, subsidies, unionization and any other regulations or practices that interfere with the natural functioning of the free market. Anyone can participate in an open market. There may be competitive barriers to entry, but there are no regulatory barriers to entry.

An open market is the opposite of a closed market - that is, a market one with a prohibitive number of regulations restricting free market activity. Most markets are neither truly open nor truly closed, but fall on a continuum somewhere between the two extremes. The United States would be considered to have a relatively open market, while North Korea would be considered to have a relatively closed market.

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  • Open Market — ist die Bezeichnung der Deutschen Börse AG[1] für den Freiverkehr an der Frankfurter Wertpapierbörse. Der Open Market ist aufgrund der Privatrechtlichkeit kein Organisierter Markt und ebenfalls kein (EU ) Regulierter Markt (engl. Regulated… …   Deutsch Wikipedia

  • open market — ➔ market1 * * * open market UK US 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… …   Financial and business terms

  • open market — n 1.) on the open market goods that are bought and sold on the open market are sold publicly rather than privately ▪ The painting would fetch millions of dollars if it was sold on the open market . 2.) [C usually singular] a system which makes it …   Dictionary of contemporary English

  • OPEN MARKET — OPEN MARKE Littéralement «marché ouvert». Ce marché est constitué par les achats et les ventes de fonds d’État et d’effets de commerce accomplis par les banques centrales, en vue de compléter et d’étendre leur action sur le marché monétaire et… …   Encyclopédie Universelle

  • open market — n: a freely competitive market in which any buyer or seller may trade and in which prices are determined by competition Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. open market …   Law dictionary

  • open-market — ˌopen ˈmarket adjective [only before a noun] ECONOMICS FINANCE in an open market action, operation etc, a central bank increases or reduces the money supply (= the amount of money in the economy): • a Federal Reserve open marke …   Financial and business terms

  • open market — noun count TECHNICAL * a situation in which people can buy and sell things at a price they agree on because there are no official rules about prices a. on the open market available for anyone to buy or sell: The land will be sold on the open… …   Usage of the words and phrases in modern English

  • open market — open market, adj. an unrestricted competitive market in which any buyer and seller is free to participate. [1760 70] * * * …   Universalium

  • open market — ► NOUN ▪ an unrestricted market with free access by and competition of buyers and sellers …   English terms dictionary

  • open market — n. FREE MARKET …   English World dictionary

  • Open Market — Open Market,   eine Form eines Micropayment Systems (E Cash), das von der Firma Divine angeboten wird …   Universal-Lexikon

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