Entry from US English dictionary
The price at which a dealer or institution is prepared to sell securities or other assets. Compare with bid price.
- Small investors were often burned, buying high as well-connected players who could get in at the offering price unloaded shares at huge profits.
- A share bought at the offering price of $21 would be worth $7,776 today and double that at its peak.
- The nation's largest food company started trading June 13 on the New York Stock Exchange at $31.50, above the offering price of $31, and ended the day down 25 cents.
For editors and proofreaders
Syllabification: of·fer·ing price
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