Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
A situation where the bid price is higher than the ask price. In other words, somebody is willing to pay more for a stock than the price at which the seller is willing to part with it. Crossed markets are almost always caused by misunderstandings and mistakes (like typos), but they can create some excitement until the error is resolved.