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WordNet-Online
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Definitions from the WebOpen-MarketDescriptionOpen-market refers to a system or environment where goods, services, or resources are traded freely without any excessive regulations or restrictions. It promotes a competitive atmosphere and allows individuals or businesses to freely participate in economic transactions. Sample SentencesAs a Noun:1. The open-market is flooded with a wide variety of products for consumers to choose from. 2. Local farmers bring their produce to the open-market to sell directly to the public. 3. The government is considering implementing policies to ensure fair competition within the open-market. As an Adjective:1. The company is thriving in the open-market conditions, reaching customers globally. 2. Due to globalization, open-market trade has become increasingly common among nations. 3. Small businesses often struggle to survive in the open-market economy. As a Verb:1. The company decided to open-market their new product, gaining attention from potential investors. 2. The musician independently open-marketed his music, bypassing traditional record labels. 3. The government aims to open-market certain sectors to attract foreign direct investment. Possible Related Products: | ||||
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