Offer price is the highest price buyers buy (i.e., bidder) to pay for goods. Usually referred to as only "offer".
In supply and demand, the bid price is different from the asking price or "offer", and the difference between the two is called the bid-ask spread.
An unsolicited offer or offer is when a person or company accepts an offer even if they do not want to sell.
Video Bid price
Offer war
A bidding war is said to occur when a large number of bids are placed in sequence by two or more entities, especially when the price paid is much greater than the asking price, or greater than the first bid in the case of unsolicited bids.
In other words, a bidding war is a situation where two or more buyers are very interested in an item (such as a home or a business) that they make an offer that is getting higher than the price they are willing to pay to try to become the new owner of the item.
Maps Bid price
In the market
In the context of stock trading on stock exchanges, the bid price is the highest price a buyer buys from a stock that is willing to pay for a share of the given stock. The offer price shown in most of the offer services is the highest bid price on the market. The demand or offer price on the other hand is the lowest price of a particular stock seller willing to sell part of the given stock. Demand or offer price shown is the lowest demand/bid price in the market (Stock market).
References
See also
- Ask the price
- Offer cost auction
- Call for bid
- Unique offer auction
External links
- The Securities and Exchange Commission definition of "offer price"
Source of the article : Wikipedia
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