In a stock quote, the bid is the highest price someone will pay for a share. The ask is the lowest price at which someone will sell a share. Bid and ask prices result from the supply and demand for a ...

A bid is the highest price a buyer is willing to pay for a stock, while an ask is the lowest price a seller is willing to accept—the difference is between the two is known as the bid-ask spread.

However, it is possible to convert the prices quoted so that you can see an accurate comparison of the bid and ask prices. For example, one common quote that you may see for a 365-day T-bill is ...