Go to MSN Homeencarta®
Dictionary
Find
in
Dictionary
Thesaurus
Translations
ABCDEFGHIJKLMNOPQRSTUVWXYZ
Click to move up the list of words
open house
open ice
open interest
open interval
open-jaw
open learning
open letter
open market
open market operation
open marriage
open mike
open-minded
open mortgage
open-mouthed
open-necked
open order
open out
Click to move down the list of words
Also available:

World English Dictionary
Dictionnaire Français

open market operation
o·pen mar·ket op·er·a·tion (plural o·pen mar·ket op·er·a·tions)


noun 
Definition:
 
bond trade by central bank: a central bank's trade in government securities, done to influence the reserves of commercial banks or to control the money supply
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
Advertisement
© 2009 Microsoft