rebidding
Submitting another offer
Rebidding is the act of bidding again, whether in auctions, contract negotiations, or card games like bridge.
Companies may be required to go through rebidding when contracts expire: The cleaning service contract is up for rebidding next month.
In bridge, rebidding refers to a player's second bid, which typically clarifies the strength or distribution of their hand.
Enforceable written agreement
- tenderSoft or sore
- RFPFormal bid solicitation
- proposalFormal plan for consideration
- vendorOne who sells goods
supplier · award · evaluation · solicitation · government · procurement · compliance · specification
Large amount or portion
- auctioneerConducts public sales
- reserveSupply kept back
- paddleFlat-bladed water tool
- incrementUnit of increase
proxy · hammer · gavel · catalogue · estimate · preview · heritage · antiques
Alternative terms proposed back
- bargainingNegotiating mutually acceptable terms
- hagglingNegotiating a lower price
- termsConditions of an agreement
- compromiseAgreement through mutual sacrifice
concession · deal-making · proposal · agreement · settlement · back-and-forth · renegotiation · walkaway
Deceiving about one's position
- outmaneuverDefeat through superior tactics
- tacticsMethods to achieve goals
- psychologyStudy of mind, behavior
- calculationMathematical problem-solving process
timing · patience · anticipation · maneuvering · reassessment · signaling · strategic · deception
contract
Enforceable written agreement
vendor · supplier · award · evaluation · solicitation · government · procurement · compliance · specification · resubmission
lot
Large amount or portion
- auctioneerConducts public sales
- reserveSupply kept back
- paddleFlat-bladed water tool
increment · proxy · hammer · gavel · catalogue · estimate · preview · heritage · antiques · collectibles
counteroffer
Alternative terms proposed back
- bargainingNegotiating mutually acceptable terms
- hagglingNegotiating a lower price
- termsConditions of an agreement
compromise · concession · deal-making · proposal · agreement · settlement · back-and-forth · renegotiation · walkaway · leverage
bluffing
Deceiving about one's position
- outmaneuverDefeat through superior tactics
- tacticsMethods to achieve goals
- psychologyStudy of mind, behavior
calculation · timing · patience · anticipation · maneuvering · reassessment · signaling · strategic · deception
underwriting
Risk evaluation and acceptance
- securitiesTradeable financial assets
- issuanceOfficial release or distribution
- debtMoney owed another
bonds · refinancing · treasury · yield · coupon · maturity · syndicate · tranche · IPO · secondary
contract
Enforceable written agreement
suit · opener · responder · forcing · game · slam · partner · convention · blackwood · reverse
rebiddingwithdrawing
Removing or pulling away
passing · folding · abstaining · dropping out · sitting out
bid, bidding, bidder, outbid, biddable, bidders, outbids, outbidding, underbid