Simple English definitions for legal terms
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At-the-market price: This means the price of something right now, at this moment. It's like asking how much a toy costs when you're in the store looking at it. The at-the-market price is the price you would pay if you bought it right then and there.
Definition: At-the-market price refers to the current market price of a security or asset. It is the price at which buyers and sellers are currently willing to trade.
Example: If the at-the-market price of a stock is $50, it means that buyers are willing to pay $50 per share and sellers are willing to sell at $50 per share.
Explanation: The at-the-market price is determined by the forces of supply and demand in the market. If there are more buyers than sellers, the price will go up, and if there are more sellers than buyers, the price will go down. The at-the-market price is important for investors because it helps them determine the value of their investments and make informed decisions about buying and selling.