Current Price

What does 'Current Price' mean

The "real time" price of a security trading on an exchange, as well as the most recent price of a security listed in an investment portfolio. In the case of a bond, a bond's current price will often be quoted as 10% of the par value of $1000.00. A bond that currently trades at $99 is really priced at $990.00. Current price also refers to the present price of a stock, currency, commodity, stamps or a precious metal.

BREAKING DOWN 'Current Price'

Current price is the market value or the price at which goods are currently being sold in the market. Similar to market price, which is the price determined by buyers and sellers in an open market, the current price of a security is the price at which a security last traded.

RELATED TERMS
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  2. Bond Quote

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  3. Below Par

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  4. Bond Discount

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  5. Par Value

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  6. Current Yield

    Annual income (interest or dividends) divided by the current ...
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RELATED FAQS
  1. How does face value differ from the price of a bond?

    Discover how bonds are traded as investment securities and understand the various terms used in bond trading, including par ... Read Answer >>
  2. What determines the price of a bond in the open market?

    Learn more about some of the factors that influence the valuation of bonds on the open market, and why bond prices and yields ... Read Answer >>
  3. Will the price of a premium bond be higher or lower than its par value?

    Find out why the selling price of a premium bond is always higher than its par value, including how changing interest rates ... Read Answer >>
  4. Should investors focus more on the current yield or face value of a bond?

    Find out when investors should focus on a bond's current yield versus its face value, including an example of how current ... Read Answer >>
  5. What happens to the price of a premium bond as it approaches maturity?

    Learn how bonds trade in regard to premiums and discounts, and how bond prices shift closer to par value as bonds approach ... Read Answer >>
  6. If the price of the bond falls, does that mean the company won't pay me the par value?

    When you buy a bond, you are loaning money to the issuer. Because a bond is a loan, the interest paid to the bondholder is ... Read Answer >>
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