under-bid

under-bid

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Universalium. 2010.

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  • under-bid — …   Useful english dictionary

  • Bid rigging — is an illegal agreement between two or more competitors. It is a form of collusion, which is illegal in most countries. It is a form of price fixing and market allocation, and it involves an agreement in which one party of a group of bidders will …   Wikipedia

  • bid — 1 / bid/ vb bid, bid·ding vt: to offer (a price) for payment or acceptance vi: to make a bid: state what one will pay or take in payment a contractor bidding for a job bid·der n bid 2 …   Law dictionary

  • bid-rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… …   Law dictionary

  • bid rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… …   Law dictionary

  • Bid — (b[i^]d), v. t. [imp. {Bade} (b[a^]d), {Bid}, (Obs.) {Bad}; p. p. {Bidden}, {Bid}; p. pr. & vb. n. {Bidding}.] [OE. bidden, prop to ask, beg, AS. biddan; akin to OS. biddian, Icel. bi[eth]ja, OHG. bittan, G. bitten, to pray, ask, request, and E.… …   The Collaborative International Dictionary of English

  • Bid — (b[i^]d), v. t. [imp. {Bade} (b[a^]d), {Bid}, (Obs.) {Bad}; p. p. {Bidden}, {Bid}; p. pr. & vb. n. {Bidding}.] [OE. bidden, prop to ask, beg, AS. biddan; akin to OS. biddian, Icel. bi[eth]ja, OHG. bittan, G. bitten, to pray, ask, request, and E.… …   The Collaborative International Dictionary of English

  • Bid — (b[i^]d), v. t. [imp. {Bade} (b[a^]d), {Bid}, (Obs.) {Bad}; p. p. {Bidden}, {Bid}; p. pr. & vb. n. {Bidding}.] [OE. bidden, prop to ask, beg, AS. biddan; akin to OS. biddian, Icel. bi[eth]ja, OHG. bittan, G. bitten, to pray, ask, request, and E.… …   The Collaborative International Dictionary of English

  • bid fair — To seem likely • • • Main Entry: ↑bid bid fair see under ↑bid1 • • • Main Entry: ↑fair * * * bid fair : to seem likely a movie that bids fair to become a big hit [=a movie that will probably be very successful] …   Useful english dictionary

  • bid, sealed — n. A bid submitted under seal, not to be opened until a stated time when all bids for the same thing are opened and compared simultaneously; common in construction. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc.… …   Law dictionary

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