Open-market operation

purchase or sale of government securities by the monetary authorities to increase or decrease the domestic money supply.

Similar financial terms

Open-market purchase operation
A systematic program of repurchasing shares of stock in market transactions at current market prices, in competition with other prospective investors.

Operationally efficient market
Also called an internally efficient market, one in which investors can obtain transactions services that reflect the true costs associated with furnishing those services.

Cash flow from operations
A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus non-cash expenses that were deducted in calculating net income.

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Line of credit

An informal arrangement between a bank and a customer establishing a maximum loan balance that the bank will permit the borrower to maintain.


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