Offer Price

Asking Price
Asking price refers to the initial price at which an investment or property is offered for sale. It is a key term in real estate, finance, and investments, marking the starting point for negotiations.
Bid Price
The price at which a market maker is willing to buy shares, usually slightly lower than the market maker's offer price.
Firm Quote
A firm quote is a specific type of bid or offer price for a security, typically stated by a market maker, that is binding and not identified as nominal or subject to further negotiation or review.
Offer
An offer is a clear proposal to sell or buy goods or services at a specified price, creating a legally binding contract upon acceptance.
Offer Price
The price at which a security is offered for sale by a market maker, and the price at which an institution sells units in a unit trust.
Take
The term 'take' can have multiple interpretations depending on the context, ranging from profit realization to the act of seizing property, as well as particular connotations in the securities market.

Accounting Terms Lexicon

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