値ね鞘ざや

noun

margin; spread

Financial term for the difference between buying and selling prices, or between two price levels. Common in stock, commodity, and foreign exchange contexts.

• この銘めい柄がらは値ね鞘ざやが狭せまいので、短たん期き売ばい買ばいには向むかない。

  This stock has a narrow spread, so it's not suitable for short-term trading.

• 為替かわせ市し場じょうでは、値ね鞘ざやが広ひろがると取とり引ひきコストが増ふえる。

  In the foreign exchange market, when the spread widens, transaction costs increase.