The two prices contribute to investor transactions. The bid price is investor’s selling price while the offer price is the investor’s buying price.

Rs. and Re. are used to represent Rupees. Re. denotes a singular value of rupee, while Rs. is used to denote multiple rupees.

A price refers to an amount of money that is fixed; generally in context to worth of a commodity in monetary terms, whereas rate is the measurement as a ratio to compare two different units.

Euro is the currency that is used by the Institutions of the European Union and is the official currency of the eurozone. Pound is a unit of currency used by many central countries such as Great Britain, Egypt...

Money is an intangible concept, which means it cannot be touched, it cannot be smelled; however it can be seen in terms of numbers. Money does have a few properties such as it must be a medium of exchange; a...