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open market
(redirected from Open-market)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
See: commerce, market place, trade


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Managers who can accurately predict changes in their firms' share prices, and who willingly rearrange their portfolios by making open-market purchases or sales of their firms' shares, can limit their firm-specific risk exposure.
Additionally, the Board of Trustees has given the fund's management team the ability to purchase its common shares in open-market transactions, effective September 14, 2005.
Under this program, the company may repurchase up to an additional 55,000 shares in open-market transactions through December 31, 1998 at prevailing prices in open market transactions, subject to market conditions, share price and other considerations.
 
 
 
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