Price
Price is a sum of money or other consideration which is offered or requested in exchange for a product or service.
Expanded Definition
In investing price is most often determined by supply and demand on the market in question. Some prices are negotiated between buyer and seller. In some cases to facilitate an orderly market, a bid ask price is set by a specialist or market maker.
Related Terms
- Ask price
- Bid price
- Buyer
- Consideration
- Market maker
- Money
- Negotiated price
- Price war
- Product
- Seller
- Service
- Specialist
- Spot price
- Stock price
- Strike price
- Supply and demand
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