What is an Asking Price?

Asking price is also called asking price, the symmetry of bidding. The price charged by a seller to a buyer when trading commodities or securities. As far as securities trading is concerned, there are mainly three ways for securities dealers to ask for prices: One is the verbal asking price, that is, the seller asks the buyer for the price through oral communication. In transactions where multiple sellers compete, the verbal asking price must follow the principle of "price first, time first", and the effective asking price is determined by drawing lots when there is no time chronology and the asking price is the same. The second is to fill the order asking price, that is, the seller asks for the price by filling in the price declaration form. The third is the computer asking price, that is, the seller asks the price by inputting the asking price data into the computer terminal. In addition, there are other methods such as gestures and board asking prices. At present, the gesture asking price is only used in conjunction with oral asking prices to play a supporting role in various stock exchanges around the world. The plate asking price was once used in Australia, Hong Kong and Southeast Asia, but it is not common now. ^[1]

[yào jià]

Terms : asking price

Pinyin : yàojià

Phonetic :

English : ask a price ^[2]

1. [ask a price; charge]:

Asking price is too high

2. [condition]: metaphorically accept the task, and put forward the conditions to the other party during the negotiation ^[2]

Refers to the seller's price of the goods sold to the buyer.

Qu Bo's "Mountain Tsunami" 23: "Old Yan Zhong said: 'If the price is lower, one or two thousand can have it.'"

The Commercial Press's "English-Chinese Dictionary of Securities Investment" explains: asking price . Also for: Inquiry price; Ask price; Ask price; Sell price. In the course of securities and futures trading, the price given by the seller to the trading variety. That is, the price at which the investor can buy the investment product, or the price the seller is willing to sell. The asking price is the minimum selling price for the entire lot. See also: offer price; offer price . Another: ask; ask price; asked price; asking; selling price