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| Definition Of: |
BID
A legal offer to an asset/property at an auction.
An offer to pay a specific price for a security. Also known as a firm bid. When a trader makes a bid on a bond, he is obligated to honor that bid, although the owner is not obligated to sell. (There are rules of protocol that establish how long a trader is obligated to honor a bid.) See also Offer and Workable.
The highest price a buyer is willing to pay for a security at this time.
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BASSAM Finance Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 A: Page 1 of 10.
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