👉 The price at which a product, financial instrument, service or other tradable item can be bought and sold at an open market; the going price.
Alright class, settle down, let’s take a look! You’ve stumbled upon a tricky word today, “mp,” and you're wondering what it means. Don't you fret, it’s quite simple to glean! The dictionary gives us the key, a helpful little plea: “The price at which a product can be bought and sold with glee – an open market’s steady hold.” Let’s break that down, nice and slow, so everyone understands the flow. "mp" stands for Market Price , you see! It's the cost, the current rate, of something traded, it’s truly great. Like apples or stocks, a car, or even a treat – whatever’s moving, can’t be beat! Think of it like this: if apples are selling for five dollars a bunch, that’s their "mp," their market price, in exchange and lunch! Does that make sense to you? Any questions before we move on through?
