competing bid or offer
Where there is more than one contemporaneous offer for a target.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • competing bid — or competing offer Where there is more than one contemporaneous offer for a target. Related links stakebuilding competitive situation Practical Law Dictionary. Glos …   Law dictionary

  • 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

  • competing offer — competing bid or competing offer Where there is more than one contemporaneous offer for a target. Related links stakebuilding competitive situation Practical Law Dictionary. Glos …   Law dictionary

  • bid — [c]/bɪd / (say bid) verb (bade /bæd / (say bad) or bad /bæd / (say bad) or, in certain contexts, bid, bidden or, in certain contexts, bid …   Australian English 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 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-rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… …   Law dictionary

  • bid rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… …   Law dictionary

  • bid — {{Roman}}I.{{/Roman}} noun 1 offer of a sum of money to buy sth ADJECTIVE ▪ high ▪ The highest bid was only $200. ▪ low ▪ opening, starting ▪ …   Collocations dictionary

  • Best Bid — The highest quoted bid for a particular trading instrument among all those offered by competing market makers. The best bid is effectively the highest price that an investor is willing to pay for an asset. A bid is an offer made by a trader,… …   Investment dictionary

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