| 单词 | spread |
| 释义 | spread 1) The difference between the buying and selling price made by a market maker on the stock exchange. 2) The diversity of the investments in a portfolio. The greater the spread of a portfolio the less volatile it will be. 3) The simultaneous purchase and sale of commodity futures (see futures contract) in the hope that movement in their relative prices will enable a profit to be made. This may include a purchase and sale of the same commodity for the same delivery, but on different commodity exchanges (see straddle), or a purchase and sale of the same commodity for different deliveries. 4) An interest-rate margin. |
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