WhatsYourPrice.com is an eBay-like dating auction site where men bid on dates with attractive women. The men browse pictures and profiles and then make a monetary bid for the women, who then can chose to accept or make a counter-offer.
Is offer price same as ask price?
Difference between Bid Price vs Offer Price. The bid price is simply called a Bid which is the highest price at which a buyer is willing to pay for a security. Offer or Ask Price is simply called Ask which is the lowest price at which a seller is willing to get for selling a security.
What is difference between bid and offer?
A Bid is the price selected by a buyer to buy a stock, while the Offer is the price at which the seller is offering to sell the stock.
Is the ask price the offer?
The ask price represents the minimum price that a seller is willing to take for that same security. A trade or transaction occurs when a buyer in the market is willing to pay the best offer available—or is willing to sell at the highest bid.
What is best bid price?
The best bid is the highest quoted offer price among buyers of a particular security or asset. The best bid represents the highest price a seller could expect to receive from a market order.
How much it cost or how much does it cost?
How much does it cost? is the correct one. How much it cost? is understandable, but incorrect - a (very) beginner would be expected to use this.
Can you buy a stock below the ask price?
When you place a market order, you are asking for the market price, which means you buy at the lowest ask price or sell at the highest bid that is available for the stock. Alternatively, if you really want to buy or sell a stock at a specific price, it may be more advisable to use a limit order to do so.
Which is better bid or ask?
A best ask (also known as a best offer) is the lowest offer price from competing market makers or other sellers for a quoted security. The best ask is complemented with the best bid, which is the highest price a market participant is willing to pay for a security at a given time.