Open Market

The term open market is used generally to refer to a situation close to free trade and in a more specific technical sense to interbank trade in securities.

Read more about Open Market:  Use of The Term in Economic Theory, Use of The Term in Banking

Famous quotes containing the words open and/or market:

    “Thank God we’re living in a country where the sky’s the limit, the stores are open late and you can shop in bed thanks to television.”
    —Joan Rivers (b. 1935)

    “Forbede us thing, and that desiren we;
    Preesse on us faste, and thanne wol we flee.
    With daunger oute we al oure chaffare:
    Greet prees at market maketh dere ware,
    And too greet chepe is holden at litel pris.”
    —Geoffrey Chaucer (1340?–1400)