Best Bid

Best Bid - The best bid is absolute highest price any buyer has stated he/she is willing to pay at any specific time for a specific security. Best bids are part of the bonds, futures, mutual funds, stocks, trading and options. It should be noted that the difference between a best ask and a best bid being quoted through any Market Maker, which is also known as a broker, dealer, or investment firm, in a security is known as a inside quote. Money Makers continually quote offer prices and bid prices, by obligation, to guarantee a full sale of the security offered at a specific price.