Ask


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Ask

This is the quoted ask, or the lowest price an investor will accept to sell a stock. Practically speaking, this is the quoted offer at which an investor can buy shares of stock; also called the offer price.

Ask

The lowest price for which a seller is willing to sell some asset. When one makes a buy order, one may order a broker to buy at the ask, which is simply the best price currently available. The difference between the ask and the bid is called the bid-ask spread, which is a key measure of liquidity.

ask

The price at which a security is offered for sale. Also called offer. See also best ask. Compare bid.

Ask.

The ask price (a shortening of asked price) is the price at which a market maker or broker offers to sell a security or commodity.

The price another market maker or broker is willing to pay for that security is called the bid price, and the difference between the two prices is called the spread.

Bid and ask prices are typically reported to the media for commodities and over-the-counter (OTC) transactions. In contrast, last, or closing, prices are reported for exchange-traded and national market securities.

With open-end mutual funds, the ask price is the net asset value (NAV), or the price you get if you sell, plus the sales charge, if one applies.

References in classic literature ?
"With all my heart," said the tailor; and drawing his hand from under his cloak he showed five caps stuck upon the five fingers of it, and said, "there are the caps this good man asks for; and by God and upon my conscience I haven't a scrap of cloth left, and I'll let the work be examined by the inspectors of the trade."
"You have no knowledge of any common pursuit or interest in life which the two men may have shared?" the Inspector asked. "A hobby, for instance,--a collection of postage stamps, china, any common aim of any sort?"
Settle your wig, Jo, and tell me if I shall telegraph to your mother, or do anything?" asked Laurie, who never had been reconciled to the loss of his friend's one beauty.
"Can you provide means for taking us to the Copan valley?" asked the professor.
Render to him, then, the last service he can by any possibility ask of you, and your work will be all the more meritorious."
"Was that the time the Wizard scared you?" asked Aunt Em.
"Do you mind," he asked, "if I follow by a later train?"
Macallan heard anything of my husband?" I asked. "Is she coming here to tell me about him?"
She asked him how he came, and what was his business there.
"How long will it be," the child asked of the Tin Woodman, "before we are out of the forest?"
He anxiously questioned the princess, asked her to speak out fully and confide her grief to him; but she only repeated that she begged him to forget what she had said, that she did not remember what she had said, and that she had no trouble except the one he knew of- that Prince Andrew's marriage threatened to cause a rupture between father and son.
"Did you understand that sign?" asked His Majesty, politely.