bid wanted in competition (BWIC)

Definition

An expression used by stock brokerages indicating a significant security holder wishes to sell its holdings of a specific security, and will consider reasonable bids.

Use this term in a sentence

You should always make sure that you put out a good bid wanted in competition so that you end up with what you need.

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There was some bid wanted in competition and I wondered what that meant and how we would work with that idea in our company.

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The announcement of a bid wanted in competition captivated the attention of the brokers who wanted to find suitable positions for their clients.

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bid wanted bid whacker