Bid
Offer
Bid Offer: Shares, units
in unit trusts and other investment vehicles are bought
at one price and sold at another. The higher price is
called the 'offer price' since this is the price at
which the unit trust company or other institution offers
the security for sale. The lower price is called the
'bid price' and is the price at which the investor can
sell the security back to the institution in question.
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