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Investments glossary

Bid Price

A bid price is a price which is offered for a commodity, service, or contract. It is colloquially known as a “bid” in many markets and jurisdictions. Generally, a bid is lower than an asking price, or “ask”, and the difference between them is called a bid-ask spread​​​​​​​. Bids can also be made in cases where the seller is not looking to sell, in which case it is considered an unsolicited offer or unsolicited bid.

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