For nitpicking like that let me do some counter-nitpicking: please write 'Open Source (OSI)', 'Open Source (TM)' or at least capitalize it as 'Open Source' so that people know where you're coming from. The commonly used 'open source' just means 'the source is in the open'. Let's not allow organizations to hijack commonly used words.
It’s not nitpicking, the term “open source” is not usually used for this kind of thing, it would be called “shared source”
I did a poll on this on a Discord server a while ago
What does open source mean
You can view the source code: 0 votes
View + use + redistribute for any purpose: 14 votes
So no, your version of it is not the common usage
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