best bid

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Related to best bid: Best Ask


1. An offer by an investor to buy a security.

2. The highest price a potential buyer is willing to pay for a security. See also: Ask, Bid-ask spread.

best bid

The highest price that is being offered to purchase a security.
References in periodicals archive ?
They are decided by lobbying and personal preference - and it may not necessarily be the best bid that gets it.
If you have the best bid, the best bid should win it, at least that's the theory.
The auction closes at 8pm on Monday - so far the best bid is pounds 1,650.