Bid- Forex Economic Dictionary

Bidthis is an offer made by an investor, a trader or a dealer to provide himself with security. The bid defines the price needed to purchase the security and also the quantity to be purchased. This is the opposite of the ask, which determines the price a seller is willing to accept for a security and the amount of the security sold at that price. It is the investor’s aim to think about ask price and to indicate its amount.

Forex Economic Dictionary
Economic Dictionary

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