bidder
Paddle-raising auction attendee
A bidder is someone who makes an offer, especially at an auction or in competition for a contract.
The highest bidder wins the item being sold.
In business contexts, bidders compete for projects or acquisitions: Three bidders submitted proposals for the construction contract.
The lowest bidder often wins service contracts where cost is the deciding factor.
Flat-bladed water tool
- gavelSmall ceremonial hammer
- lotLarge amount or portion
- reserveSupply kept back
- auctioneerConducts public sales
hammer price · increment · proxy · live auction · online auction · catalogue · Sotheby's · Christie's
One who competes against
- contenderOne competing seriously
- opponentOne who contends against
- challengerOne competing against incumbent
- competitorOne striving against others
vying · counterbid · aggressive · competitive · contest · race · jockeying · one-upmanship
Soft or sore
- RFPFormal bid solicitation
- proposalFormal plan for consideration
- submissionYielding to another's will
- contractEnforceable written agreement
vendor · supplier · quote · solicitation · evaluation · compliance · specification · government
Methods to achieve goals
- bluffingDeceiving about one's position
- timingArt of choosing moments
- calculationMathematical problem-solving process
- psychologyStudy of mind, behavior
game theory · sniping · reserve price · opening gambit · incremental · patience · risk assessment · signaling
One who allocates capital
- acquirerOne who obtains possession
- underwriterOne who assumes financial risk
- capitalWealth used for investment
- equityImpartial treatment or ownership value
portfolio · securities · takeover · merger · leveraged buyout · shareholder · stake · valuation
paddle
Flat-bladed water tool
auctioneer · hammer price · increment · proxy · live auction · online auction · catalogue · Sotheby's · Christie's · estate sale
rival
One who competes against
- contenderOne competing seriously
- opponentOne who contends against
- challengerOne competing against incumbent
competitor · vying · counterbid · aggressive · competitive · contest · race · jockeying · one-upmanship
tender
Soft or sore
- RFPFormal bid solicitation
- proposalFormal plan for consideration
- submissionYielding to another's will
contract · vendor · supplier · quote · solicitation · evaluation · compliance · specification · government · municipal
tactics
Methods to achieve goals
- bluffingDeceiving about one's position
- timingArt of choosing moments
- calculationMathematical problem-solving process
psychology · game theory · sniping · reserve price · opening gambit · incremental · patience · risk assessment · signaling · decision-making
investor
One who allocates capital
- acquirerOne who obtains possession
- underwriterOne who assumes financial risk
- capitalWealth used for investment
equity · portfolio · securities · takeover · merger · leveraged buyout · shareholder · stake · valuation · due diligence
- auction peopleauctioneer, buyer, seller, consignor, underbidder
- auctionsauction, auctioneer, auction house, auction houses, hammer price
- buyersbuyers, buyer, purchasers, purchaser, homebuyers
- biddingauction, tender, counterbid, sniping, auctioneer
- charity auctionsilent auction, live auction, auctioneer, paddle, lot
- livestock auctionsauctioneer, auction barn, auction block, stockyard, cattle market
bidderauctioneer
Conducts public sales
seller · consignor · auction house · estate · consigner
- bidding warCompeting offers driving prices up
- highest bidderWinner at auction
- competitive biddingRivals offering prices
- do one's bidding
- do someone's biddingExecute another's commands
- lowest bidder
bidding, bidders, unbidden, outbidding, overbidding, rebidding, underbidding, bidden