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Bid and Ask
(redirected from Market method)

    Also found in: Wikipedia 0.01 sec.
Bid-Ask Spread
On an exchange, the difference between the highest price a buyer of a security or other asset is willing to pay and the lowest price a seller is willing to offer. Generally speaking, the more liquid an asset is, the lower the bid-ask spread is. As a result, currency, which is considered the most liquid asset, has an extremely low bid-ask spread.

Bid and ask. Bid and ask is better known as a quotation or quote.

Bid is the price a market maker or broker offers to pay for a security, and ask is the price at which a market maker or dealer offers to sell. The difference between the two prices is called the spread.
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He concluded that since the venture was a business, and the land was inventory, then the lower of cost and market method of inventory valuation could be applied.
Adventure in the nature of trade by John W. McClure / LawNow
 
 
 
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