Examlex
______ headings describe general topics or functions; _____ headings add information and interest.
Bid-Ask Spread
The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask) for an asset.
Dealers
Individuals or entities that act as principals in buying and selling securities for their own account.
Market Inefficiencies
These are situations where the current price of a security does not fully reflect all available information, potentially allowing investors to earn above-average returns.
Ask Price
The minimum price a seller is willing to accept for an asset or security.
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