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What do bid/offer and buy/sell mean?

Wednesday 23rd January 2002

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Q: What do bid/offer and buy/sell mean?

A: The buy price or bid is the is the highest price someone is willing to pay to purchase the shares. The sell price or offer is the lowest price somebody is willing to sell their shares for. If you are completing your transaction at 'market' price then you are either selling to the highest bidder or buying from the lowest seller.

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