market price

Definition

A security's last reported sale price (if on an exchange) or its current bid and ask prices (if Over-the-Counter); i.e. the price as determined dynamically by buyers and sellers in an open market. also called market value.

Use market price in a sentence

I wanted to know the market price of the item and they told me that it was really not that expensive.

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The market price was the price we bought it at yesterday at closing time so we are excited to track the fluctuations today.

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The market price of a stock can fluctuate depending upon the public's perception of the company; new technology can make a company popular and increase the stocks market price, and a scandal or a government investigation can cause a stock's price to bottom out.

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