What is Exit Price?

Exit price is the price that a seller would receive in exchange for the sale of an asset or would pay to transfer a liability. This price should be obtained in an orderly transaction between market participants. A exit price is a bid price, since the seller is setting an offer price for prospective buyers. This is different from the ask price that a buyer would state in order to acquire an asset. When there is a robust market, with many buyers and sellers, the difference between the offer price and ask price will likely converge.