noun the highest price a buyer is willing to pay for a security or commodity
In real estate, the bid price is the amount of money a potential buyer offers for a property.
The bid price is the highest price that a buyer is willing to pay for a security at a given time.
In an auction, the bid price is the price that a bidder is willing to pay for an item being auctioned.
In online advertising, the bid price is the amount an advertiser is willing to pay for a click on their ad.
In the stock market, the bid price represents the maximum price that a buyer is willing to pay for a stock.
In the context of freelance writing, a bid price may refer to the amount a writer proposes to charge for completing a specific writing project.
Psychologists may use bid prices when submitting proposals for research grants or when offering their services for consulting or therapy sessions.