National Best Bid and Offer


Also found in: Acronyms, Wikipedia.

National Best Bid and Offer

An SEC regulation stating that brokers are required to seek the best possible price for their customers. This means that brokers may not find less favorable prices in order to extract a higher commission. See also: Fiduciary Responsibility.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Financial browser ?
Full browser ?