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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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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.
What is the difference between bid and tender?
A bid is making a financial offer for something or the amount of money that you will pay for something. A tender is offering a service at a specific price.
What is offer to bid pricing in unit trust?
In the very simplest of terms, the price at which units in a unit trust are bought (the offer price) is greater than the selling price (the bid price) and the difference is a combination of various charges. Hence, the value of the unit trust fund has to increase to cover this difference before the units can be sold without a loss. These prices (on an offer to bid basis) are the normal trading prices and use the maximum buying price. If there are a lot of sellers then the bid price may be reduced by the managers to a lower price to discourage sales (on a bid to offer basis). The lowest bid price is called the cancellation price and is dependent upon the value of the assets of the unit trust. Also, unit trusts do not all have the same difference between buying and selling prices.
What is the difference between a cross offer and counter offer?
the difference between offer and counteroffer
What is the past tense of bid to offer?
The past tense is also bid.
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.
What is the difference between bid and tender?
A bid is making a financial offer for something or the amount of money that you will pay for something. A tender is offering a service at a specific price.
What is difference between bid security and Bid Bond?
There is no difference. Bid securities can come in different types. A bid bond is just one type of bid security.
What is the difference between a bid and a quotation?
A bid is a formal offer to do a job or provide a service at a specific price, while a quotation is a price estimate given to a potential customer for a specific job or service.
What is bid and offer?
The bid is the highest price a buyer is willing to pay for an asset, while the offer (or ask) is the lowest price a seller is willing to accept. The difference between the bid and offer prices is known as the spread, which reflects market liquidity and trading costs. In financial markets, these terms are crucial for executing trades and determining market dynamics.
What is the difference between a tender and bid?
A bid is usually restricted to making a financial offer eg: at an auction you might make a bid of a certain price for a painting. A tender means that you will offer a service/item at a certain price. So it's a lot more complex than just dealing with a price.
What is the difference between bid and offer bonds in the context of bond trading?
Bid bonds are submitted by potential buyers to show their commitment to purchasing a bond at a specific price, while offer bonds are submitted by sellers to indicate their willingness to sell a bond at a certain price.
What is offer to bid pricing in unit trust?
In the very simplest of terms, the price at which units in a unit trust are bought (the offer price) is greater than the selling price (the bid price) and the difference is a combination of various charges. Hence, the value of the unit trust fund has to increase to cover this difference before the units can be sold without a loss. These prices (on an offer to bid basis) are the normal trading prices and use the maximum buying price. If there are a lot of sellers then the bid price may be reduced by the managers to a lower price to discourage sales (on a bid to offer basis). The lowest bid price is called the cancellation price and is dependent upon the value of the assets of the unit trust. Also, unit trusts do not all have the same difference between buying and selling prices.
What is the difference between a cross offer and counter offer?
the difference between offer and counteroffer
What is the difference between an offer and acceptance?
difference between offer and acceptance?
What is the difference between offer and acceptance?
difference between offer and acceptance?
What is the difference between a bond bid and ask price?
The bond bid price is the highest price a buyer is willing to pay for a bond, while the bond ask price is the lowest price a seller is willing to accept for the bond. The difference between the bid and ask price is known as the bid-ask spread.
