Examlex
Describe the relationship between a firm and its stakeholders.
Market Making
A financial service activity where a firm quotes both buy and sell prices for financial instruments, facilitating liquidity and trading activity in the market.
Transaction Costs
Expenses incurred when buying or selling goods or services, which may include fees, taxes, or other costs beyond the price of the product itself.
Wealth
The total value of all financial assets and tangible possessions owned by an individual or entity after deducting liabilities.
Ask
The lowest price a seller is willing to accept for a given asset in financial markets; also known as the offer price.
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