The ask price is the initial price for which a seller says he/she will sell an asset or security. This price may be firm or negotiable depending on the seller.
The ask price is the minimum price for which an investor is willing to sell a stated security or asset. This can also be called the offer price, ask, offer, or asking price. When a seller sets the ask price, he/she may describe it as firm or negotiable. If the ask price is stated as negotiable, the buyer can make offers lower than the stated price. The seller may or may not agree. If the seller says the ask price is firm, the seller is unwilling to lower the price.