open market operation
Definition
The buying and selling of government securities by a central bank, such as the Federal Reserve Bank in the U.S., in order to control the money supply.
Cite this definition
Related Terms
tight monetary policy, easy monetary policy, coupon pass, bill pass, Federal Open Market Committee, sterilization
'open market operation
' appears in the definitions of these terms on BusinessDictionary.com
treasury bill (T-bill)
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