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Simply speaking "bid" is what you "bid" for that means when you want to buy and the price you get offered for that purchase; Offer means, when you want to offer i.e. offer to sell? the price someone is willing to pay your offer. if it is the same person, he will pay you less but want more from you. that is why, when you want to exchange currency from the same bank, the "offer" is lower than the "bid" in relation to you! that means you can sell 1 USD for, say 1.20 SGD but if you want to buy USD by giving SGD then you have to give 1,25 SGD yielding a profit of SGD 0.05 to the bank. Clear?

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Q: What is the difference between bid and offer?
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Difference between the bid price and offer price?

The ''bid price'' is the price at which an investor can sell the securities he/she holds. The ''offer price is the price at which an investor can buy securities.


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