open market

English - Turkish

Definition of open market in English Turkish dictionary

açık pazar

açık piyasa

serbest piyasa

Related Terms

open market policy

serbest piyasa politikası

set up on open market

pazar kurmak

English - English

Definition of open market in English English dictionary

A competitive market where buyers and sellers can operate without restrictions

Goods that are bought and sold on the open market are advertised and sold to anyone who wants to buy them. The Central Bank is authorized to sell government bonds on the open market. A freely competitive market operating without restrictions

Related Terms

open market operations

trade of money and securities between a government and the public

open market operation

Any of the purchases and sales of government securities and commercial paper by a central bank in an effort to regulate the money supply and credit conditions. Open market operations can also be used to stabilize the prices of government securities. When the central bank buys securities on the open market, it increases the reserves of commercial banks, making it possible for them to expand their loans and investments. It also increases the price of government securities, equivalent to reducing their interest rates, and decreases interest rates generally, thus encouraging investment. If the central bank sells securities, the effects are reversed. Open market operations are usually performed with short-term government securities such as treasury bills

open market value

The normal value of a property assuming usual market conditions

open market value

1 The best price which might reasonable be expected to be obtained at arm's length for an interest in a property at the date of valuation, subject to any statutory assumptions which may be required 2 For the purpose of asset valuations this is defined by the Royal Institute of Chartered Surveyors (UK) as the best price which might reasonably be expected to be obtained for an interest in a property at the date of valuation assuming

open market value

The best price which might reasonably be expected to be obtained at arm's length for an interest in a property at the date of valuation, subject to any statutory assumptions which may required For the purpose of asset valuations this is defined by the Royal Institute of Chartered Surveyors (UK) as the best price which might reasonably be expected to be obtained for an interest in a property at the date of valuation assuming : A willing seller; A reasonable period in which to negotiate the sale; That values will remain static during that period; That the property will be freely exposed to the market; and That no account will be taken of any higher price that might be paid by a person with a special interest

open market value

The value of a property on the basis of a willing buyer and willing seller in the open market allowing for a reasonable period for sale

open markets

plural form of open market

open-air market

a public marketplace where food and merchandise is sold

Hyphenation

o·pen mar·ket

Turkish pronunciation

ōpın märkıt

Synonyms

common market, competitive market, free enterprise, free market, free port, free trade, free-trade area, open trade

Pronunciation

/ˈōpən ˈmärkət/ /ˈoʊpən ˈmɑːrkət/

Etymology

[ 'O-p&n, -p& ] (adjective.) before 12th century. Middle English, from Old English; akin to Old High German offan open, Old English up up.