Picture

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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 ?
The carver, still in the same secrecy that marked all his operations upon this mysterious image, proceeded to paint the habiliments in their proper colors, and the countenance with Nature's red and white.
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.
Surely, you have never seen in me any taste for the very extraordinary images and figures of speech you have used, on this occasion."
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.
In how little reverence these unfortunate deities were held by the natives was on one occasion most convincingly proved to me.--Walking with Kory-Kory through the deepest recesses of the groves, I perceived a curious looking image, about six feet in height which originally had been placed upright against a low pi-pi, surmounted by a ruinous bamboo temple, but having become fatigued and weak in the knees, was now carelessly leaning against it.
He leaped furiously to his feet, and seizing the stick, began beating the poor image: every moment, or two pausing and talking to it in the most violent manner, as if upbraiding it for the accident.
By the side of the big and lusty images standing sentinel over the altars of the Hoolah Hoolah ground, it seemed a mere pigmy in tatters.
Seen in the brook once more was the shadowy wrath of Pearl's image, crowned and girdled with flowers, but stamping its foot, wildly gesticulating, and, in the midst of all, still pointing its small forefinger at Hester's bosom.
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.