Definition of bid price in English:
The price that a dealer or other prospective buyer is prepared to pay for securities or other assets. Often contrasted with offering price.
- The bid price is the price at which the dealer is willing to buy a security and the ask price is the price at which the dealer is willing to sell the security.
- For example, on the Nasdaq, the delisting process is set in motion when a company trades for 30 consecutive business days below the minimum bid price or market cap.
- Stop-losses are always set above the current asking price on a buy or below the current bid price on a sell.
Definition of bid price in:
- British & World English dictionary