The current quote or quotation on the floor of any market exchange for a specific stock or commodity. The bid is the highest current price at which anyone is willing to pay at a given moment of time. The ask is the lowest current price anyone is willing to sell the security or commodity at a given moment in time. Also called the bid and offer.
buy and sell prices. Traders also speak of a bid price, the price offered; the asking price is the price requested. These usually indicate the top price a purchaser will pay and the lower price a seller will accept.
Collectively called the "quote", the bid refers to the highest price a buyer is willing to pay for a stock, while the asked is the lowest price a seller will accept.
Bid and ask is better known as a quotation or quote. Bid is the price a market maker or broker offers to pay for a security, and ask is the price at which a market maker or dealer offers to sell. The difference between the two prices is called the spread.