Spread
1) The difference between a security’s bid and asked price. 2) The difference between a new issue’s public offering price and the proceeds received by the issuer–commonly known as the “underlying spread.”
« Back to Glossary Index1) The difference between a security’s bid and asked price. 2) The difference between a new issue’s public offering price and the proceeds received by the issuer–commonly known as the “underlying spread.”
« Back to Glossary Index