A market in which volume is high, trading is active and highly competitive, and consequently spreads between bid and ask prices are narrow.
Similar Matches
Accrued market discount
Accrued market discount The rise in the market value of a discount bond as it approaches maturity (when it is redeemable at par) and not because of falling market interest rates.
Actual market
Actual market Used in context of general equities. Firm market. Antithesis of Subject market.