sealed-bid auction — ➔ auction1 * * * sealed bid auction UK US noun [C] ► COMMERCE an auction in which buyers are given just one chance to make a secret offer, without knowing the amount of other offers: »The price paid was more than the market was expecting and… … Financial and business terms
Sealed-Bid Auction — A type of auction process in which all bidders simultaneously submit sealed bids to the auctioneer, so that no bidder knows how much the other auction participants have bid. The highest bidder is usually declared the winner of the bidding process … Investment dictionary
sealed-bid — adj. Sealed bid is used with these nouns: ↑auction … Collocations dictionary
Auction — Auctioneer redirects here. For the DC Comics supervillain, see Auctioneer (comics). An auctioneer and her assistants scan the crowd for bidders. An auction is a process of buying and selling goods or services by offering them up for bid, taking… … Wikipedia
auction — A common method of issuing gilts. Similar to a tender offer. In an auction, investors apply to buy the new gilts being issued, specifying the amount they wish to purchase and the price they are prepared to pay. The new gilts will be issued to… … Financial and business terms
Auction theory — is an applied branch of game theory which deals with how people act in auction markets and researches the game theoretic properties of auction markets. There are many possible designs (or sets of rules) for an auction and typical issues studied… … Wikipedia
bid — 1 / bid/ vb bid, bid·ding vt: to offer (a price) for payment or acceptance vi: to make a bid: state what one will pay or take in payment a contractor bidding for a job bid·der n bid 2 … Law dictionary
blind auction — Sealed bid auction … American business jargon
bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… … Black's law dictionary
bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… … Black's law dictionary
bid — An expression indicating a desire to buy a commodity at a given price, opposite of offer. Chicago Board of Trade glossary The request to buy a futures contract at a specified price; the opposite of offer. The CENTER ONLINE Futures Glossary bid or … Financial and business terms