<P> A bid price is the highest price that a buyer (i.e., bidder) is willing to pay for a good . It is usually referred to simply as the "bid". </P> <P> In bid and ask, the bid price stands in contrast to the ask price or "offer", and the difference between the two is called the bid--ask spread . </P> <P> An unsolicited bid or purchase offer is when a person or company receives a bid even though they are not looking to sell . </P>

Difference between bid and offer in stock market