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Meaning of open outcry | Babel Free

Noun CEFR B2

Definitions

A trading method whereby traders gather in person, often in a pit, and call out to all their desire to buy or sell a quantity at a given price, transactions being consummated when two parties can agree on a price. Most frequently used in securities markets.

uncountable

Equivalents

Suomi julkihuuto

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

open outsourcing open play open position open prison open problem open proxy

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