Hit the bid

Situation in which a Dealer agrees to Sell at the highest price offered ("bid") by another Dealer for a given stock. opposite of take the Offer.

Related Terms: 7 Bid, Dealer, Deal, High, Offer, PPO, Sell

Other Related Pages: Category: Brokerages Starting With: H

Additional Related Terms: 10-K, 52-week high, 19c3 stock, Allowance for depreciation, Accrual of discount, American Stock Exchange, Amortization of premium, Asked price, Asking price, At par