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Picture

Describes bid and asked prices a broker quotes for a given security. Used for listed equity securities. Bid and ask prices and quantity information from a specialist or from a dealer regarding a particular security (i.e., "IBM's 1/4 to 1/2, 5m by 10m").

Picture

In equities, the price at which a dealer or broker is willing to buy or sell a security. See also: Bid-ask spread.

picture

The bid and ask price at which a dealer is willing to buy or sell a security.
References in classic literature ?
As yet, the image was but vague in its outward presentment; so that, as in the cloud shapes around the western sun, the observer rather felt, or was led to imagine, than really saw what was intended by it.
Copley," said Drowne, quietly, "I know nothing of marble statuary, and nothing of the sculptor's rules of art; but of this wooden image, this work of my hands, this creature of my heart,"--and here his voice faltered and choked in a very singular manner,--"of this--of her --I may say that I know something.
In the dark eyes, and around the voluptuous mouth, there played a look made up of pride, coquetry, and a gleam of mirthfulness, which impressed Copley with the idea that the image was secretly enjoying the perplexing admiration of himself and other beholders.
Yet, illuminated by the sunshine, or darkened by the alternate shade of the houses, and with its garments fluttering lightly in the morning breeze, there passed the image along the street.
The image, or the apparition, whichever it might be, still escorted by the bold captain, proceeded from Hanover Street through some of the cross lanes that make this portion of the town so intricate, to Ann Street, thence into Dock Square, and so downward to Drowne's shop, which stood just on the water's edge.
Arriving at Drowne's door, while the captain threw it open, the marvellous apparition paused an instant on the threshold, assuming the very attitude of the image, and casting over the crowd that glance of sunny coquetry which all remembered on the face of the oaken lady.
He accordingly entered the shop; and there, in her usual corner, stood the image, gazing at him, as it might seem, with the very same expression of mirthful mischief that had been the farewell look of the apparition when, but a moment before, she turned her face towards the crowd.
No wonder that she inspired a genius into you, and first created the artist who afterwards created her image.
And of this kind I spoke as the intelligible, although in the search after it the soul is compelled to use hypotheses; not ascending to a first principle, because she is unable to rise above the region of hypothesis, but employing the objects of which the shadows below are resemblances in their turn as images, they having in relation to the shadows and reflections of them a greater distinctness, and therefore a higher value.
He still lay down, trying to sleep, though he felt there was not the smallest hope of it, and kept repeating stray words from some chain of thought, trying by this to check the rising flood of fresh images.
In reality this "of course," that seemed convincing to him, was simply the result of exactly the same circle of memories and images through which he had passed ten times already during the last hour--memories of happiness lost forever.
Of course," he repeated, when for the third time his thought passed again round the same spellbound circle of memories and images, and pulling the revolver to the left side of his chest, and clutching it vigorously with his whole hand, as it were, squeezing it in his fist, he pulled the trigger.