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I want to sell my car - my asking price is $3,000 but your BID price is only $2,500

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โˆ™ 2008-09-19 07:44:36
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Q: What is a Bid price and ask price?
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Related questions

What is the bid an ask price in commodities?

"Ask" is the price sellers are asking for their commodity. "Bid" is the price buyers are willing to pay.


What is bid and ask in foreign exchange?

The bid is the price that the buyers are willing to pay. The ask is the price that the sellers are willing to pay.


What is crossing the bid ask spread?

Selling at a price equal to or lower than the bid price or buying at a price equal to or higher than the ask price.


What are bid and ask prices?

Bid is the highest price someone is offering to buy the securities for at a given point in time. Ask is the lowest price someone is offering to sell the securities for at a given point in time. When placing a trade you would typically be buying at the ask price and selling for the bid price.


Explain why the bid-ask spread is a transaction cost?

The bid-ask spread is the difference between the bid price (the amount of money you get when you sell) and the ask price (the amount of money it costs to buy). Since the ask price is higher than the bid price, it costs you more money to buy the asset than you would receive should you be selling the same asset. This spread is the price (along with a commission) for making the trade.


What is bid and ask rate in forex?

Bid: The price a buyer is willing to pay for a security or goods (Currency pair)Ask: asking price, or simply ask, is a price a seller of a good is willing to accept for that particular security or goods


What does bid mean?

In a market the "Bid" is the price that someone is prepared to buy the stock/bond etc. for. So if the price is Bid 99 Ask 101 Someone is happy to pay 99 to buy the asset.


Who sets the bid and ask price for a stock traded over the counter?

mema


What does it mean when there is a bid price but no ask price for a stock?

means that the markets closed... Wait till they open again


What is bid price and ask price in Stock?

The bid price is the price that someone is willing to pay for that stock, the ask price is what someone is willing to sell that stock for. If the stock is up to $1, for example, when you buy it the lowest someone is willing to sell it for could be $1.01, and someone else may be willing to buy it at $.99.


How much dose silver cost?

At this moment the bid price is $15.86 and ask price is $15.91 per troy ounce.


What is a bid price?

A bid price is a price offered by a bidder/buyer at an auction when he buys a good.

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