Practice mode Basic of Economics

What is the price that a potential buyer is willing to pay for a security called?

Correct answer A. Bid

Explanation

The bid is the highest price a buyer is prepared to pay, while the offer or ask is the lowest price a seller will accept; the gap between them is the spread.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.