Meaning of "Ask price"
This refers to the price a buyer or seller offers in the market, which may differ from the actual transaction price.
"People looking to buy shares in that company kept raising the bid price, causing the share price to fluctuate sharply."
Related slang words
topknotThis refers to a situation where one has purchased assets such as stocks or real estate at their peak prices, making it highly likely that a loss will be incurred.Undervalued ContractIllegal practices involving the preparation or reporting of contracts at amounts lower than the actual transaction price in order to reduce taxes such as capital gains taxSubcontractThis refers to illegal business practices in real estate transactions, such as inflating the contract price **above** the actual transaction price in order to secure more favorable loan limits or financing terms.Fill the GapThis refers to the phenomenon in which prices in prime locations rise first, followed later by prices in nearby areas that have risen relatively less, thereby narrowing the price gap between regions.Actual transaction priceThis refers to the transaction prices reported to the Ministry of Land, Infrastructure and Transport after actual real estate sales have taken place, and is used as a benchmark for assessing market conditions and price trends.wait-and-see attitudeThis refers to the attitude of refraining from making immediate decisions to buy or sell in highly uncertain situations, and instead waiting to see how things develop before making a judgment.Right of occupancyThis is the right granted to members of a housing association in redevelopment or reconstruction projects to move into a new apartment.Lotto SubscriptionThis refers to a housing lottery with conditions as attractive as winning the lottery, where the sale price is significantly lower than the prevailing market price, making it possible to expect capital gains in the hundreds of millions of won if selected.