Examlex
Certification indicates that a professional possesses a particular set of skills, knowledge, or abilities, in the opinion of the certifying organization.
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.
Market Maker
A firm or individual who actively quotes two-sided markets, providing bids and offers along with the market size of each.
Profit Maximizing
The process of making business decisions that result in the highest possible profit, by adjusting production levels, prices, and other variables.
Equilibrium Price
The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in market balance.
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