Bid-Offer
Spread
Bid-Offer Spread: The
difference between the buy (bid) and sell (offer) price of a
currency or financial instrument. The difference
between the prices at which you buy units and
sell them back. The buying (offer) price is usually
higher than selling (bid) price and the difference between
them may vary within the limits of a formula laid down
by the Financial Services Act 1986. Both offer and bid
prices are quoted for each of our funds on the Daily
Prices page.
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