The per-share price at which a stock or mutual fund is offered to the public. Companies going public for the first time will issue shares of stock at an offering price, as will companies who are issuing new shares. The market price may be more or less than the offering price. With no-load funds (mutual funds that do not charge sales commissions), the offering price is the same as the market price. With load funds, mutual funds that charge sales commissions, a sales charge is added to the market price to reach the offering price.