Ask or Offer Price

What is the ask, or offer, price?

The price level of an offer, as in bid-ask spread. (Source: CFTC)

The ask price (also known as the "offer" price) will almost always be higher than the bid price. Market makers make money on the difference between the bid price and the ask price. That difference is called the "spread". (Source: SEC)

A price mechanism or market-based method is any of a wide variety of ways to match up offers and requests that market players bid and ask. An ask is an offer to sell for a fixed amount that is held open for a period of time. The main advantage of such methods is that conditions are laid out in advance and transactions can proceed with no further permission or authorization from any participant. When any bid and ask pair are compatible, a transaction occurs, in most cases automatically. (Source: Wikipedia)

See also:
Bid Price
Spread