English Language WordTools.ai BETA

Definition of «bidding»

The term bidding refers to an offer or proposal made by one party in a negotiation, typically for the purpose of obtaining something that they want. It can also refer to a process whereby companies compete against each other to win a contract or project, often through submitting proposals and presentations outlining their capabilities and qualifications. In a more general sense, bidding can also mean making an attempt or trying one's best to achieve something.

Usage examples

  1. The construction company won the bidding process for the new bridge project.
  2. The auctioneer announced the starting bidding price for the artwork.
  3. The company submitted their final bidding proposal for the government contract.
  4. The online platform allows users to participate in bidding on various items.
  5. The sports team made a high bidding offer for the star player during the transfer window.
  6. The homeowner received multiple bidding offers for their property.
  7. The art collector was determined to win the bidding war for the rare painting.
  8. The charity event included a silent bidding auction to raise funds for a good cause.
  9. The company hired a professional bidding consultant to improve their success rate in winning contracts.
  10. The car dealership set a minimum bidding amount for the vintage car up for auction.

Phrases with «bidding»

Sentences with «bidding»

  • The strike was prompted by the city's decision to put contracts for 1,100 special needs bus routes up for bid for the first time in 33 years. (dnainfo.com)
  • A Mexican government announced a blockchain - based project intended to reduce corruption in bidding for government contracts. (coindesk.com)
  • Under the order, county projects with bids of more than $ 250,000 that include three or more workers, must include requirements to hire local and disadvantaged workers. (nystateofpolitics.com)
  • (see all sentences)

See also

a b c d e f g h i j k l m n o p q r s t u v w x y z