Ask
Ask is a financial term used to describe the price at which a trader is willing to buy a security. It is also known as the “offer” or “asking price”. The ask price is the lowest price that a seller is willing to accept for a security. The ask price is always higher than the bid price, which is the highest price that a buyer is willing to pay for a security. The difference between the bid and ask prices is known as the “spread”.
History of Ask
The term “ask” has been used in financial markets since the late 19th century. It was originally used to describe the price at which a trader was willing to buy a security. The term was later adopted by stock exchanges and other financial markets to describe the price at which a security is offered for sale. The term is now widely used in the financial markets to refer to the price at which a security is offered for sale.
Comparison of Bid and Ask Prices
| Price | Bid | Ask |
|---|---|---|
| Highest Price | Buyer is willing to pay | Seller is willing to accept |
| Lowest Price | Seller is willing to accept | Buyer is willing to pay |
Summary
Ask is a financial term used to describe the price at which a trader is willing to buy a security. It is also known as the “offer” or “asking price”. The ask price is always higher than the bid price, which is the highest price that a buyer is willing to pay for a security. The difference between the bid and ask prices is known as the “spread”. For more information about the term “ask”, please visit websites such as Investopedia, The Balance, and Investing.com.
See Also
- Bid
- Spread
- Offer
- Market Price
- Limit Order
- Stop Order
- Market Order
- Limit Price
- Stop Price
- Market Maker
