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A bid is a formal offer to do a job or provide a service at a specific price, while a quotation is a price estimate given to a potential customer for a specific job or service.

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4mo ago

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Related Questions

What is difference between bid security and Bid Bond?

There is no difference. Bid securities can come in different types. A bid bond is just one type of bid security.


What is the difference between a quotation and a tender?

tender is a own organisation format but quotation is a organisation format.


What is the difference between a bond bid and ask price?

The bond bid price is the highest price a buyer is willing to pay for a bond, while the bond ask price is the lowest price a seller is willing to accept for the bond. The difference between the bid and ask price is known as the bid-ask spread.


What is the difference between bid and ask bonds in the bond market?

In the bond market, the bid price is the highest price a buyer is willing to pay for a bond, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the bid-ask spread.


What is the difference between bid and ask prices in trading?

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread.


What is the difference between the bid and ask price for bonds?

The bid price is the highest price a buyer is willing to pay for a bond, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask price is known as the spread.


What is the difference between the bid and ask stock price?

The bid price is the highest price a buyer is willing to pay for a stock, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask price is known as the spread.


Explain the difference between bid and q12h?

hi there its the same, i.e. bid=q12h tid=q8h qid=q6h


What term is there for a difference between Bid and Ask pricing measured in pips?

Measured in pips, spread is the term used for a difference between bid and ask pricing. This is the cost of an order placement for a trader.


What is the different between quatation and quotation?

There is no difference between "quatation" and "quotation." It seems like "quatation" may be a misspelling or typo of "quotation." "Quotation" refers to the act of quoting or citing someone else's words, while a "quotation" is the exact words or passage that is being quoted.


What's the difference between bid and ask prices in trading?

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread.


What is the difference between a quotation and a proforma invoice?

Quotation is the preliminary prices with terms and conditions submitted or introduced to the customer, once quotation approved then a proforma invoice is issued and signed by the customer.