Geld-Brief-Spanne

== German == === Etymology === Geld (“money; bid”) +‎ Brief (“letter; ask”) +‎ Spanne (“span; range”). In trading contexts, Geld (money) identifies the side offering cash (the buyer), while Brief (letter) identifies the side offering the security certificate (the seller). === Pronunciation === IPA(key): /ˈɡɛltˌbʁiːfˌʃpanə/ === Hyphenation === Hyphenation: Geld-Brief-Span‧ne === Noun === Geld-Brief-Spanne f (genitive Geld-Brief-Spanne, plural Geld-Brief-Spannen) (finance) bid-ask spread (the difference between the price for immediate sale and immediate purchase) Synonyms: Spread, Kursspanne, Geld-Brief-Abstand ==== Declension ==== ==== Related terms ==== Handelsspanne (trading margin; mark-up) Gewinnspanne (profit margin) Zeitspanne (period or span of time) Zinsspanne (interest rate spread; the difference between lending and deposit rates) Absatzspanne (marketing margin) Bruttospanne (gross margin) Einkaufsspanne (purchase margin) ==== See also ==== Briefkurs (ask price; the price at which one can buy) Geldkurs (bid price; the price at which one can sell) Limitorder (limit order) Marktliquidität (market liquidity) Skontroführer (specialist; order book official)