Bidders
/ˈbɪdərz/
Definitions
- (n.) Individuals or entities offering a proposal or price in response to a public invitation for contracts, sales, or auctions.
The bidders submitted their proposals before the deadline.
Forms
- bidder
Related terms
See also
Commentary
In legal drafting, clearly distinguishing bidders from offerors or proposers can avoid ambiguity in procurement and auction contexts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.