ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The bid price is the amount of money a buyer is willing to pay for a security. It is contrasted with the sell (ask or offer) price, which is the amount a seller is willing to sell a security for. The difference between these two prices is referred to as the spread.

Detailed explanation-2: -A Bid is the price selected by a buyer to buy a stock, while the Offer is the price at which the seller is offering to sell the stock.

Detailed explanation-3: -What Is Current Price? The current price is the most recent selling price of a stock, currency, commodity, or precious metal that is traded on an exchange and is the most reliable indicator of that security’s present value.

Detailed explanation-4: -What Is the Difference Between a Bid Price and an Ask Price? Bid prices refer to the highest price that traders are willing to pay for a security. The ask price, on the other hand, refers to the lowest price that the owners of that security are willing to sell it for.

Detailed explanation-5: -What Does Bid and Ask Mean in Stock Trading? In stock trading, the bid price refers to the highest price that a buyer is willing to pay for a certain security, and the ask price refers to the lowest price that a seller will accept.