Definition
Bid-ask spread is the difference between the highest price a buyer will pay and lowest price a seller will accept. Founders reach for it when a vague conversation needs a shared, specific meaning. Name it clearly, then let the next decision — a hire, a price, a test, or a pass — follow from that meaning.
In the room
How the word shows up in a real conversation.
You know Bid-ask spread is doing work when it changes a weekly choice — price, hire, channel, or kill. The working definition: Difference between the highest price a buyer will pay and lowest price a seller will accept.
Common mistake
Using Bid-ask spread as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Benchmark
Standard or reference point used to measure and compare performance.
Read definition →
Benefit cost ratio
Financial metric comparing the benefits of a project to its total costs.
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Bill of lading
Legal document issued by a carrier acknowledging receipt of goods for shipment.
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Blank check company
Special purpose acquisition company (SPAC) with no specific business plan.
Read definition →
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