Financial Glossary what is ask


Ask

The lowest price at which a dealer or market maker will sell a specified number of shares of a stock at any given time. The term 'bid' refers to the highest price a market maker will pay to purchase the stock. The ask price (also known as the 'offer' price) will be higher than the bid price as market makers make money on the difference between the bid price and the ask price, the difference being called the 'spread'.
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