Business / Taxes / Open Market: In an open market, any investor with the money to pay for securities is able to buy those securities. US markets, for example, are open to all buyers. In contrast, a closed market may restrict investment to citizens of the country where the market is located. Closed markets may also limit the sale of securities to overseas investors, or forbid the sale of securities in specific industries to those investors. In some countries, for example, overseas investors may not own more than 49% of any company. In others, overseas investors may not invest in banks or other financial services companies. The term open market is also used to describe an environment in which interest rates move up and down in response to supply and demand. The Federal Reserve's Open Market Committee assesses the state of the US economy on a regular schedule. It then instructs the Federal Reserve Bank of New York to buy or sell Treasury securities on the open market to help control the money supply.
Search Google for Open Market:
Market Verb Synonyms: market-place, exchange, Stock Exchange
Market Noun Synonyms: demand, customer base, call
Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
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Open Adjective Synonyms: ajar, gaping, agape, unfastened, unlocked, unbarred, unbolted, unlatched, unclosed
Open Verb Synonyms: unblock, clear, unobstruct, unclog, unstop
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Business / Finance / Open-Market Rates: Interest rates that are determined in the open market by supply and demand, as opposed to being set by the Federal Reserve Board. MORE
Business / Agriculture / Spot Market: A public or open marketplace (such as open exchanges or auction houses) where products (including agricultural products such as livestock, grain, cotton, etc.) Are bought and sold. The Minneapolis Gra MORE
Business / Finance / Federal Open Market Committee (FOMC): A publicly owned, government-sponsored corporation chartered in 1938 to purchase mortgages from lenders and resell them to investors. Known by the nickname Fannie Mae, it packages mortgages backed by MORE