A marketplace characterized by a high volume of transactions for a security, commodity, or currency, featuring narrow bid-offer spreads and the ability to handle sizable transactions without significant price movement.
A thin market refers to a market for a security, commodity, currency, etc., where few transactions are occurring. Any substantial trade in such a market can have a direct and pronounced impact on prices, leading to heightened volatility.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.