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Bidding

Bidding is an offer (often competitive) of setting a price one is willing to pay for something. A price offer is called a bid. The term may be used in context of auctions, stock exchange, card games, or real estate transactions.

Bidding up means raising a price for an item by a series of rising bids. It may be unlawful, if done by a group of persons with an interest in raising the price. In traditional auctions, bidding up is a natural course of events. Since 1990s, with the emergence of online auctions, reverse auctions gained popularity, in which the traditional roles of buyers and sellers are reversed, and the goal of bidding is to drive the price down, similar to bid shopping practice of selecting a contractor to do a job.

Open Bidding

Open bidding is a type of bidding that allows bids from all parties desirous of bidding on a project.

From Wikipedia under the GNU Free Documentation License
Tue Dec 6 22:54:47 2011

Pronunciation

Verb

bidding

  1. Present participle of bid.
Category: English present participles

From Wiktionary under the GNU Free Documentation License
Tue Dec 6 22:54:47 2011


Matching Results for Bidding:

Hermann Göring
The people can always be brought to the bidding of the leaders. ... Reichsmarschall Hermann Wilhelm Göring (12 January 1893 – 15 October 1946) Nazi founder of the Gestapo, Head ...

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The Acol bidding system. Terence Reese and David Bird, Acol in the 90s, Robert Hale, 1990, page 7 of the paperback edition, ISBN 0 7090 5379 7 ...

John Turner
I'm not here now for some next time. I am not bidding now for your consideration for some vague convention in 1984- perhaps when I've mellowed a bit. ...

From Wikiquote under the GNU Free Documentation License
Mon Jun 20 21:45:49 2011


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Business: Transportation and Logistics: Rail ...
Determine the current gross and net liquidation value of an active or abandoned rail line and has the expertise to support all phases of the bidding, take-up and sale of ...
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Auction and Bidding Services (5) ARC Consultancy - Consultant and brokerage group based in UK bringing together ...
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Vertigraph Inc. - Develops and markets software solutions to automate the takeoff, digitizing, estimating, bidding and project management activities of companies engaged ...
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Fri Mar 16 03:52:26 2012

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