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bid


Definitions (3)

1. The highest price any buyer is willing to pay for a given security at a given time; also called bid price. Quoted bid is a maximum price that a market maker will pay for a security.

2. An offer of a specific amount of money in exchange for products and services, as in an auction.

3. In some cases, this term also refers to the maximum that an acquiring company is willing to pay for a takeover target.

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