A searchable-style reference page for common trading and investing terms.
The price at which a seller is willing to sell an instrument.
The price at which a buyer is willing to buy an instrument.
The difference between bid and ask prices.
An order intended to execute at the best available price, subject to market conditions.
An order with a specified maximum purchase price or minimum selling price.
A risk-management instruction intended to limit loss when a specified condition is reached.
A measure describing the magnitude or variability of price movement over time.
The ability to transact an instrument without materially affecting its price.
The decline from a portfolio or strategy's peak value to a subsequent low point.