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:

    “Go forth under the open sky, and list
    To Nature’s teachings,”
    —William Cullen Bryant (1794–1878)

    “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)