Business / Taxes / Open Outcry: When exchange-based commodities traders shout out their buy and sell orders or use a combination of words and hand signals to negotiate an order, it’s known as open outcry. When someone who shouts an offer to buy and someone who shouts an order to sell name the same price, a deal is struck, and the trade is recorded. Open outcry is one type of auction.
Open Verb Synonyms: unblock, clear, unobstruct, unclog, unstop
Open Adjective Synonyms: ajar, gaping, agape, unfastened, unlocked, unbarred, unbolted, unlatched, unclosed
Outcry Noun Synonyms: protest, protestation, decrial, complaint, indignation, uproar, vociferation, clamour, clamouring, commotion, outburst, noise, hullabaloo, howl, howling, hoot, hooting, boo, booing, hiss, hissing
Business / Accounting / Open Transaction: A transaction that is not completed at the end of the accounting period: a purchase that has not yet been paid for or a sale where payment is yet to be collected when the accounting period ends. MORE
Business / Finance / Open Up: Used in the context of general equities. Disclose more information (e.g., the exact price and quantity of one's potential interest). See: Put pants on it. MORE