Quick Answer: What Does The Bid Mean?

What is another word for bid?

Some common synonyms of bid are charge, command, direct, enjoin, instruct, and order..

What do bid and ask mean?

The bid price refers to the highest price a buyer will pay for a security. The ask price refers to the lowest price a seller will accept for a security. The difference between these two prices is known as the spread; the smaller the spread, the greater the liquidity of the given security.

Why is jail time called a bid?

2 Answers. It appears that ‘doing a bit’ goes back to the early 20th century as a term for serving a prison sentence. ‘Bit’ meaning a short span of time goes back to the 17th century, and presumably that’s how it became associated with prison in the first place.

How do you use the word bid?

Bid sentence examplesThey bid them goodnight and climbed the stairs. … She bid him goodbye and walked away. … The impulse to do as he bid was too strong. … They entered into deep conversation, discussing the pending bid item—a statue of a nymph waving a snake. … I bid you carry it to him.More items…

Does bid mean twice a day?

b.i.d. (on prescription): Seen on a prescription, b.i.d. means twice (two times) a day. It is an abbreviation for “bis in die” which in Latin means twice a day. The abbreviation b.i.d. is sometimes written without a period either in lower-case letters as “bid” or in capital letters as “BID”.

Is bid past or present?

The past tense of bid is bid or bade. The third-person singular simple present indicative form of bid is bids. The present participle of bid is bidding.

What does bid mean slang?

It DownMeaning. BID. Break(ing) It Down.

What does doing a bid mean?

English Language Learners Definition of bid (Entry 2 of 2) : an offer to pay a particular amount of money for something. : an offer to do a job for a particular price. : an attempt to win, get, or do something.

What is a normal bid/ask spread?

The bid-ask spread is essentially the difference between the highest price that a buyer is willing to pay for an asset and the lowest price that a seller is willing to accept. An individual looking to sell will receive the bid price while one looking to buy will pay the ask price.

What happens when bid is higher than ask?

When the bid volume is higher than the ask volume, the selling is stronger, and the price is more likely to move down than up. When the ask volume is higher than the bid volume, the buying is stronger, and the price is more likely to move up than down.

Can I buy stock below the ask price?

If a trader does not want to pay the offer price that buyers are willing to sell their stock for, he can place a stock trade and bid for the stock on the left side of the stock at a lower price than what is being offered on the ask or offer side. … The same works for the right side of the box, the offer or ask price.