term in the over-the-counter market for unlisted securities. Bid is the highest price an investor is willing to pay while asked is the lowest price a seller is willing to take. Together, the two prices represent a quotation in that stock. A spread is the difference between the bid and asked prices. Bid and offer are the more common terms in discussing listed securities.
range of price quotes in the over-the-counter (otc)market, the bid price being the highest price a buyer is willing to pay; the asked price being the owner's selling price. When combined, the two prices are a broker's quotation.
bid is the highest price a prospective buyer is prepared to pay at a particular time; asked is the lowest price acceptable to a prospective seller of the same item. Together, the two prices constitute a quotation; the difference between the two prices is the spread.
bid is the highest price a prospective buyer is prepared to pay at a particular time for a trading unit of a given security; asked is the lowest price acceptable to a prospective seller of the same security. Together, the two prices constitute a quotation; the difference between the two prices is the spread. Although the bid and asked dynamic is common to all securities trading, "bid and asked" usually refers to unlisted securities traded Over The Counter.
