Best Bid Financial Glossary

What is it? The highest quoted bid of all competing Market Makers to buy a particular stock at any given time.

Finance Term Definition Added By: Joseph

The Best Bid definition has been viewed 2792 Time(s)!

Send To Friends!

If you'd like to send the Best Bid definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Best Bid. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Eligible costs is Costs that are reimbursable in full or in part by the Commission, under the terms of the Contract that is the basis for the project.

Financial Term Loss Mitigation is A process to avoid foreclosure. The lender tries to help a borrower who has been unable to make loan payments and is in danger of defaulting on his or her loan.

Financial Term preference is A legal term used in bankruptcy to describe a transaction deemed to have occurred under circumstances favorable to the creditor that benefited from the transaction. This provision is intended to protect unsecured creditors. Under the U.S. Bankruptcy Code, the preference period for most creditors is 90 days prior the date of the debtors petition filing. The exception is a one year preference period applicable to creditors deemed to be an insider with respect to the bankrupt debtor. Collateral interests obtained by a creditor during the preference period are undone by the bankruptcy.

Financial Term Appraisal Report is A written report by an appraiser containing his opinion as to the value of a property and the reasoning leading to the opinion. The factual data supporting the opinion, such as comparables, appraisal formulas, and qualifications of the appraiser, will also be set forth.

Financial Term Fictitious name is A legal statement filed when a person uses a name other than his or her own to operate a business.