BID TICK RULE Definition

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BID TICK RULE is a NASD rule prohibiting a short sale transaction when the current best bid in a security is less than the previous best bid. That is, when it is on a "down-tick." The bid tick rule does not apply to the OTCBB.

Learn new Accounting Terms

YTD is Year To Date; meaning the period beginning of the calendar year, January 1st of the current year, or the fiscal year up until todays date.

UNBILLED REVENUE is revenue which had been recognized but which had not been billed to the purchaser(s).

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