Bid Price (Noun)
Meaning
(stock market) the price at which a broker is willing to buy a certain security.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The current bid price for the shares is $10, which is slightly lower than the asking price of $10.50.
- Investors can determine the bid price for a stock by checking the financial news websites or their online brokerage accounts.
- To get the best deal, compare the bid price from different brokers before making a decision to sell.
- When a broker receives a sell order, they will match it with a corresponding buy order at the highest bid price available.
- In an auction market, the bid price for a security will rise until a seller agrees to accept it.