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:
“What care I for a goose-feather bed,
With the sheet turned down so bravely, O?
For to-night I shall sleep in a cold open field,
Along with the wraggle taggle gipsies, O!”
—Unknown. The Wraggle Taggle Gipsies (l. 3336)
“Have you not heard of that madman who lit a lantern in the bright morning hours, ran to the market place, and cried incessantly: I seek God! I seek God!”
—Friedrich Nietzsche (18441900)
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