A financial institution publishes data about stock prices and market trends, which any business, nonprofit, or citizen can access, reuse, or redistribute through its online databases. What type of data is described in this scenario?

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Open data means information published so that anyone can access it and freely reuse and redistribute it. In this scenario, stock prices and market trends are published online and available to any business, nonprofit, or citizen, with the ability to reuse or redistribute. That combination of universal access and permissive reuse rights is what makes it open data. Confidently, confidential or closed data are restricted, and public data may be accessible but not necessarily allowed to be reused or redistributed.