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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Crossed Market


A situation where the bid price is higher than the ask price. In other words, somebody is willing to pay more for a stock than the price at which the seller is willing to part with it. Crossed markets are almost always due to input errors on the by either the bidder or the seller, but they can create some excitement until the error is resolved.