market price

Definition 1

General: Unique price at which buyers and sellers agree to trade in an open market at a particular time. In formal markets (such stock exchanges) there are two market prices: the offer (selling) price which is higher, and bid (buying) price that is lower. The difference between these two price is called margin or spread.

Definition 2

Accounting: Transfer price of a good or service (traded between a subsidiary and its parent) at which the profit of the whole enterprise will be maximized.

Definition 3

Bond market: Last reported price exclusive of accrued interest, also called clean price.

Definition 4

Securities trading: Current market price as indicated by the latest recorded trade. See also market value.