A bid is the highest price a buyer is willing to pay for a stock, while an ask is the lowest price a seller is willing to accept—the difference is between the two is known as the bid-ask spread.

In wide bid/ask markets, liquidity is often thin, meaning a trader could miss out on acquiring shares if only small parcels ...

A fund is said to be on a bid basis if it is priced on the basis of the minimum bid price required by regulations laid down by the Financial Services Authority.