By using opaque channels you can offer prices that are significantly lower than published rates.

通过使用隐性的渠道，你提供的价格可以大大低于对外公布价。

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Yet there is something to be said for erring on the side of caution when setting initial offer prices.

在首次公开募股报价的时候，出于谨慎的考量而犯点错误是情有可原的。

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When travelers book them at the same time, Expedia can offer prices that airlines and hotels won't reveal separately.

当旅游者同时预订时，Expedia提供的酒店和机票价格都是酒店和航空公司不愿意单独提供的。

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"And because small retailers don't have economies of scale to be able to order a lot of merchandise at once, they are not able to negotiate the best prices or offer the best deals to their shoppers."

VOA: standard.2009.12.20

But the spread the gap between bid and offer prices is only one measure of liquidity.

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He also noted that he could influence those bid and offer prices himself with very small orders.

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Three of the IPOs in the third quarter, Zillow, Carbonite and Tangoe, are trading above their offer prices today.

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