0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is a price offer called in a bidding?
A price offer in bidding is called a bid price. Someone bidding on something, like at an auction, can bid on the item, which is called the bid price.
What is the bid an ask price in commodities?
"Ask" is the price sellers are asking for their commodity. "Bid" is the price buyers are willing to pay.
Difference between the bid price and offer price?
The ''bid price'' is the price at which an investor can sell the securities he/she holds. The ''offer price is the price at which an investor can buy securities.
What happens to price when a shortage exists?
Consumers bid up the price.
What are bid and ask prices?
Bid is the highest price someone is offering to buy the securities for at a given point in time. Ask is the lowest price someone is offering to sell the securities for at a given point in time. When placing a trade you would typically be buying at the ask price and selling for the bid price.
Under what criteria is a formal bid required?
When the firm wants to choose the best price or good quality or both, that time business required to raise a formal bid. Sometimes to choose the best Vendors (interms of money and quality) also formal bidding will take place.
What is a price offer called in a bidding?
A price offer in bidding is called a bid price. Someone bidding on something, like at an auction, can bid on the item, which is called the bid price.
What is a Bid price and ask price?
I want to sell my car - my asking price is $3,000 but your BID price is only $2,500
What is a bid?
A bid is an attempt, a monetary offer to buy a good at a certain price, or an offer for a price.
What is a firm fixed price bid?
This means that the price bid for the contract will (if the winning bid) be the actual price paid by the buyer and cannot change (even if it results in a loss to the seller).
What is the bid an ask price in commodities?
"Ask" is the price sellers are asking for their commodity. "Bid" is the price buyers are willing to pay.
Difference between the bid price and offer price?
The ''bid price'' is the price at which an investor can sell the securities he/she holds. The ''offer price is the price at which an investor can buy securities.
What is crossing the bid ask spread?
Selling at a price equal to or lower than the bid price or buying at a price equal to or higher than the ask price.
What is a bid size?
A bid size is a number of shares that a buyer is willing to purchase at the quoted bid price.
What is bid and ask in foreign exchange?
The bid is the price that the buyers are willing to pay. The ask is the price that the sellers are willing to pay.
What is Hard Bid?
Total price
What happens to price when a shortage exists?
Consumers bid up the price.
