Best Bid is an investing term given to the highest price that someone is willing to purchase for, and so reflects the best price that somebody could sell for.

Determining the best bid is rather simple, as it is the highest of all bids pitched by people competing in the market. Best bids for stocks are made in price and face value, with the investor who made the best bid usually winning the order.

Best bid is only half of the combination that makes up the National Best Bid and Offer (NBBO), with its complementary partner being the Best Offer.

^{Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with.
Douugh Australia Pty Ltd ABN 76 617 000 138 operates under Douugh Australia Pty Ltd AFS License No. 500063. Although we endeavour to ensure the accuracy of information we provide, we do not accept responsibility of liability for any errors or from any loss from its use. Any information provided is general advice only and has been prepared without considering your objectives, financial situation or needs. We don't provide personalised advice or recommendations. Before making any investment decision you should consider whether it is appropriate for your situation and seek appropriate taxation and legal advice. For more details, see our FSG, Terms of Service and other disclosures.}