Clearing Price
a.k.a. Market-clearing price
The price at which the amount buyers want equals the amount sellers want to sell.
In plain English
The price at which the amount buyers want equals the amount sellers want to sell.
The clearing price is the meeting point of supply and demand. At that price, every buyer willing to pay it and every seller willing to accept it can trade, and nothing is left over.
Auctions, such as bond auctions or exchange opening auctions, often set one clearing price for everybody.
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