middle price

middle price

the price of a FINANCIAL SECURITY, FOREIGN CURRENCY or COMMODITY which lies halfway between the bid (buy) and offer (sell) price quoted by market makers or dealers. Share prices, commodity prices and exchange rates published in newspapers are generally middle prices. See BID PRICE.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

middle price

the price of a FINANCIAL SECURITY, FOREIGN CURRENCY or COMMODITY that lies halfway between the bid (buy) and offer (sell) price quoted by market makers or dealers.

Share prices, commodity prices and exchange rates published in newspapers are generally middle prices. See BID PRICE.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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