The price that an entity would receive in exchange for the sale/ disposal of an asset or would pay to transfer a liability, in an orderly transaction between market participants. As the term implies, exit price is the price at which a business exists the market or a position already taken in an asset or liability. It constitutes the maximum price at which a currently held asset or a currently assumed liability could be sold/ transferred to a market participant, net of any transaction costs associated with the sale/ transfer. In this sense, exit prices are market determined and hence are by nature a market price. Therefore, this price is deemed to be objectively set and absence of an active market would mean it could be zero.

An exit price is a bid price, as opposed to an entry price , which is an ask price (though at times, these two prices converge, under specific circumstances).