bidders

Raise paddles hopefully

Bidders are people or entities who make offers to purchase something, typically at an auction or in competitive procurement.

The term appears in contexts where multiple parties compete: Several bidders drove the price above estimates, The contract went to the lowest bidder.

A bidder may be serious or merely testing the market.

auction

paddle

Flat-bladed water tool

  • gavelSmall ceremonial hammer
  • lotLarge amount or portion
  • reserveSupply kept back

auctioneer · hammer price · Sotheby's · Christie's · catalogue · preview · provenance · appraisal · consignment · estate sale

procurement

tender

Soft or sore

quote · RFP · vendor · supplier · government · compliance · specification · award · evaluation · procurement

competition

rivals

Those who compete

race · battle · jockeying · scramble · counterbid · head-to-head · opponents · frontrunner · underdog · contenders

corporate

acquisition

Act of obtaining something

target company · shareholders · due diligence · offer price · premium · leveraged · private equity · consortium · counteroffer · regulatory approval

Categories
Opposites
transaction role

bidderssellers

Those who offer wares

vendors · auctioneers · consignors · suppliers · listers

auction dynamics

biddersauctioneers

People who conduct bidding sales

auction houses · consignees

Phrases
Family

bidder, outbidden

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G