Best Ask

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Dictionary Says

Definition of 'Best Ask'

The lowest quoted ask price for a particular stock among those offered from competing market makers.
Investopedia Says

Investopedia explains 'Best Ask'

In layman's terms, this is the lowest price for which someone is willing to sell an asset.

Related Definitions

  • Ask

    The price a seller is willing to accept for a security, also known as the offer price. Along with the price, the ask quote will generally also stipulate the amount of the security ...
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  • Best Bid

    The highest quoted bid for a particular trading instrument among all those offered by competing market makers. The best bid is effectively the highest price that an investor is willing ...
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  • Market Maker

    A broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Each market maker competes for ...
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    • Spread

      1. The difference between the bid and the ask price of a security or asset. 2. An options position established by purchasing one option and selling another option of the same class but ...
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    • Touchline

      The highest bid and lowest ask at market for a particular security during a given time in the trading day.
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    • Stock

      A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings. There are two main types of stock: common and ...
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    • Hit The Bid

      A buzzword used to describe an event where a broker agrees to sell at a bid price quoted by another broker. The broker is ultimately agreeing to sell a given stock at the highest price ...
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    • Reduced Spread

      A reduction in the spread between the buy/bid and sell/ask price for a security, currency, or loan. In most cases, a reduction in the spread signifies that a financial institution will ...
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    • National Best Bid and Offer - NBBO

      A term applying to the SEC requirement that brokers must guarantee customers the best available ask price when they buy securities and the best available bid price when they sell ...
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