Bid/offer spread

By | 2017-09-13T12:54:20+00:00 13th September 2017|

The bid/offer spread is the amount by which the asking price for a stock or unit of a mutual fund (the offer or asking price) exceeds the bid price. This is essentially the difference between the highest price that a buyer is willing to pay and the lowest price for which a seller is willing to sell for.