Quote (Price)

A quote represents the current price at which a security is available for purchase or sale in the market. It consists of the bid price, which is the highest price a buyer is willing to pay, and the ask price, which is the lowest price a seller is willing to accept. The difference between these prices is known as the bid-ask spread. Quotes are used in real-time trading to determine the value of stocks, bonds, commodities, and other financial instruments.

Example

A stock’s quote shows a bid price of $50.10 and an ask price of $50.20, indicating that buyers are willing to purchase the stock at $50.10, while sellers are willing to sell it at $50.20.