firm quote

firm quote definition - business

firm quote

A quotation from a market maker to buy and sell a security at firm bid and ask prices. Compare nominal quote.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.