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:
“We were young, we were merry, we were very very wise,
And the door stood open at our feast,
When there passed us a woman with the West in her eyes,
And a man with his back to the East.”
—Mary Elizabeth Coleridge (18611907)
“The only reason to invest in the market is because you think you know something others dont.”
—R. Foster Winans (b. 1948)
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