Bid Price Definition.

The bid price is the price at which a market maker is willing to buy a security. The bid price is also known as the “bid.” The bid price is one of the two prices that make up the bid-ask spread. What is the full meaning of bid? The full meaning of bid is the … Read more

Base Currency.

The base currency is the first currency in a currency pair. It is also the currency in which a country’s prices are denominated. For example, if you travel to France, you will need to exchange your currency for Euros. The Euro is the base currency in this instance. The base currency is also the currency … Read more