The bid is the highest price a buyer is willing to pay for an asset, while the offer (or ask) is the lowest price a seller is willing to accept. The difference between the bid and offer prices is known as the spread, which reflects market liquidity and trading costs. In financial markets, these terms are crucial for executing trades and determining market dynamics.
A bid is an attempt, a monetary offer to buy a good at a certain price, or an offer for a price.
The past tense is also bid.
Bidden (to issue a command) or Bid (to make an offer)
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.
A bid.
The best bid offer for the item in question is the highest price that a buyer is willing to pay for it.
I
Offer higher price
Offer by government
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.
Offer by government
Simply speaking "bid" is what you "bid" for that means when you want to buy and the price you get offered for that purchase; Offer means, when you want to offer i.e. offer to sell? the price someone is willing to pay your offer. if it is the same person, he will pay you less but want more from you. that is why, when you want to exchange currency from the same bank, the "offer" is lower than the "bid" in relation to you! that means you can sell 1 USD for, say 1.20 SGD but if you want to buy USD by giving SGD then you have to give 1,25 SGD yielding a profit of SGD 0.05 to the bank. Clear?