Ask is the same as offer
and is the opposite side to the bid. The asking or offering price is the price that you want for something that you own. The bidding price is the price which someone is willing to pay for something that you own. The ask price is always higher than the bid. One party must always capitulate in order to transact
. Either the bidder accepts the asking price and pays more than they were bidding or the asker will lower his price to accept the bidder's price.
Do you have a trading or investing definition for our dictionary? Click the
Create Definition link to add your
own definition. You will earn 150
bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum
and we will correct it.