GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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07:29 Jul 26, 2011 |
English language (monolingual) [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: Charles Davis Spain Local time: 11:42 | ||||||
Grading comment
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 +2 | bid price: the highest price a buyer is willing to pay |
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5 | offer |
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3 | offering |
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offer Explanation: bid => offer |
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bid price: the highest price a buyer is willing to pay Explanation: "A bid price is the highest price that a buyer (i.e., bidder) is willing to pay for a good. It is usually referred to simply as the "bid." In bid and ask, the bid price stands in contrast to the ask price or "offer", and the difference between the two is called the bid/ask spread." http://en.wikipedia.org/wiki/Bid_price -------------------------------------------------- Note added at 3 hrs (2011-07-26 11:17:13 GMT) -------------------------------------------------- Hi, Bjørnar. It means that the bid price for short-term investments (a reflection of demand for such investments) was sufficiently high to offset or palliate, in part, the losses suffered. The bid (price) for a given stock or security is a measure of its market value, and will therefore affect the profits or losses of those who hold that stock or security. -------------------------------------------------- Note added at 3 hrs (2011-07-26 11:22:32 GMT) -------------------------------------------------- It should also be noted that a high bid in the short end of the Fixed Income curve, which means a relatively high level of demand for short-term investments, will tend to occur at times of uncertainty about longer-term prospects, which is generally the case at the moment. |
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Notes to answerer
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4 hrs confidence:
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