No. Please read my link.
It is not naturally described as such, because nobody described it naturally as such before OSI came along. The dictionary definitions in this case lead you to the wrong conclusion about the meaning, just like at least one dictionary definition of "free" can lead to the wrong conclusion about what free software means.
I am being pedantic about this because I want people to value the principles that open source is supposed to be about. I don't want people to forget what open source really means.