competitive bid
Definition 1
An offering procedure in which underwriters submit sealed bids to the issuer and the issuer selects the underwriter with the best terms.
Definition 2
More generally, the sealed bid process, which is sometimes used in construction contracts and other circumstances.
An offering procedure in which underwriters submit sealed bids to the issuer and the issuer selects the underwriter with the best terms.
Definition 2
More generally, the sealed bid process, which is sometimes used in construction contracts and other circumstances.
Related Terms
Related Terms on BusinessDictionary
Popular 'IPOs' Terms
Related Personal Finance Articles
Loading...
competitive bid in the news
Loading...
Get our content on your iGoogle page
RSS