price

The value or cost of an asset, typically expressed in monetary terms.


For traders, the price is the value at which trades are settled. A person or entity looking to buy an asset will pay the 'offer' price, while the seller will receive the 'bid' price.

In more general terms, the price is the value paid or received for any good or service. Economists often refer to prices or price pressures when they reference inflation for any given economy.

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