Middle Rate

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Middle Rate

In securities, the price halfway between the current bid and ask prices. For example, if the bid is $12.72 and the ask is $12.76, the middle rate is $12.74. It is also called the mid-price. See also: Bid-ask spread.
References in periodicals archive ?
R1.20 ($0.039) for 2011 (at current rate), implying yield at 4.5% (based on current mid-price).
A problem with using the primary as the source of reference price is that occasionally it displays a much larger spread than the consolidated book, resulting in a mid-price outside the consolidated European best bid-offer (EBBO).
Colombo, July 22 -- Amid resurgence in demand for residential land and housing in the mid-price segment in Sri Lanka has generated noteworthy growth for leading real-estate developer Kelsey Developments PLC (KDL).
Ruby Tuesday, another competitor in the mid-price, full-service casual dining space, has also struggled to maintain sales and profits in the "better burger" and fresh-food-fast movement.
British American Tobacco is said to be targeting the North's smokers, who are the United Kingdom's biggest buyers of mid-price cigarettes.
The group said the hotel - its third in the Granite City - will be the first in Scotland under its mid-price Hilton Garden Inn brand.
Mag Group Property Development has called on banks to relax their lending criteria to prospective mid-price range home owners in order help them to raise affordable mortgages.
But Udo Schlentrich, director of the Rosenberg International Center of Franchising at the University of New Hampshire, said mid-price franchises like Boston Market are being hit hard in the slumping economy.
Not only is it attracting legendary names to perform there, it looks fantastic and there are a host of mid-price restaurants to visit nearby.
For this, you also get a price that inches upward from the budget category toward the mid-price range.
* Quarter-folded, self-dispensing and center pull, white double-recrepe paper wipes, for all purpose wiping, at mid-price points.
At mid-price and with each disc containing approximately 75 minutes of music, the CDs are perfect for both the Callas fan and the Callas neophyte.