Answer:
Spread
Explanation:
Spread is the difference between bid and ask price quoted by dealer to purchase and sell a security.
Spread is the excess amount which is asked by the dealer for a security over the bid amount at which he is willing to buy the security.
A dealer acquires goods in order to resale them as part of his or her ordinary routine. A distributor, on either hand, just buys products from manufacturers and sells them to dealers or merchants.
The correct answer to the blank is Variance
A variance is the difference between a dealer's bid and asks prices for buying and selling a security.
The variance is the difference between the bid price with which the trader is willing to acquire a security and the cost at which the seller is willing to sell the security. This arises because of the competition among the different traders and the sellers.
To know more about the difference between the bid costs, refer to the link below:
https://brainly.com/question/8211689
