BEST BID Definition

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BEST BID is the highest quoted bid of all competing Market Makers to buy a particular stock at any given time.

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ECONOMIC PROFITS is the difference between the total revenue and the total opportunity costs.

NET OPERATING LOSS (NOL) is experienced by a business when business deductions exceed business income for the fiscal year. For income tax purposes, a net operating loss can be used to offset income in a prior year, or a taxpayer can elect to forego the carry back and carry the net operating loss forward.

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