Best Ask

Best Ask - A best ask is the absolute lowest price any selling party, investor or dealer, has stated they are willing to accept at a specific time for a specific security or commodity. On over-the-counter stocks, the best ask is considered the best price quoted which the Market Maker, investor or dealer, will sell the stock for. On mutual funds a best ask is the sales charge plus net asset value. This is also called an asked price or offering price, or sometimes the asking price. This best ask price is a quoted price by the dealer or investor who is unwilling to budge on his final asking price.