What does asked price mean?

asked price meaning in Law Dictionary

The lowest cost a seller will take for a security. Its utilized in wholesale sales. The general public may not have this price. AKA asking price, ask price, supplied price, supplying price, and gives cost.

asked price meaning in Business Dictionary

Lowest price which a dealer (market manufacturer) is ready to take for securities and economic futures. This is basically the wholesale price for dealer-to-dealer trading in an exchange or perhaps in non-prescription marketplace, and may also never be open to everyone. Also referred to as selling price, ask cost, offered cost, offering cost, or provide cost.