Market versus Quote - MVQ
A comparison between the last price at which a security traded and the current bid/ask prices.
Investopedia Commentary
Usually the best bid and ask prices will be close the market price, but occasionally the market price can differ significantly from the bid/ask, especially for an illiquid security.
Related Links
Understanding Order Execution
Stock Basics Tutorial
The Nitty-Gritty Of Executing A Trade
Getting to Know Stock Exchanges
See also: Ask, Bid, Bid-Ask Spread, Illiquid, Quote
Also spelled: MVQ