open market option
noun
The option to buy or sell insurance, etc., on the open market; (British ) the option of selling a personal pension fund to another pension provider on retirement, so as to obtain a larger annuity.
Origin
1970s; earliest use found in The Times.
- market leadership
- market-leading
- market-led
- marketless
- market letter
- market liberalism
- market-like
- market maker
- market-making
- market mammy
- market man
- market master
- market mechanism
- market opportunity
- market order
- market-oriented
- market overt
- market penetration
- marketplace
- market potential
- market power
- market pressures
- market price
- substock
- substorm