Question on: JAMB Commerce - 2019

The difference between the buying price and the selling price of a share is referred to as

A

Commission

B

Profit

C

Jobber's Profit

D

Turnover

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Correct Option: C

The difference between the price at which a former jobber on the London Stock Exchange was prepared to buy and the price at which the jobber was prepared to sell. See also spread. From: jobber's turn in A Dictionary of Finance and Banking »

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