In finance, a bid refers to the price or yield at which a buyer indicates they are willing to purchase a financial obligation. It can also signify an offer by one company to purchase the share capital of another.
The price at which a market maker is willing to buy shares, usually slightly lower than the market maker's offer price.
A securities transaction in which the same broker acts as agent on both sides of the trade. The practice, called 'crossing,' is legal only if the broker first offers the securities publicly at a price higher than the bid.
A firm quote is a specific type of bid or offer price for a security, typically stated by a market maker, that is binding and not identified as nominal or subject to further negotiation or review.
The price at which a security is offered for sale by a market maker, and the price at which an institution sells units in a unit trust.
