Firm sale意思

"Firm sale" is a term used in the context of financial markets, particularly in the trading of securities such as stocks, bonds, or commodities. It refers to a transaction where the seller is committed to selling at a specific price, and the buyer is committed to buying at that price. In other words, it is a binding agreement to buy or sell at a predetermined price, without any conditions or contingencies.

In contrast, a "normal" trade in the financial markets is typically executed at the current market price, which can be subject to fluctuations due to supply and demand. A firm sale, on the other hand, is a fixed-price transaction that is not subject to immediate market changes. This type of transaction is often used in situations where the parties involved want to ensure that the trade will be executed at a specific price, regardless of any immediate market movements.

Firm sale is also sometimes used in the context of real estate transactions, where it refers to a property that is sold at a fixed price, without any negotiation or bidding process.