Bidding
/ˈbɪdɪŋ/
Definitions
- (n.) An offer or proposal to undertake work or supply goods at a specified price, especially in a competitive tendering process.
The company's bidding for the government contract was successful.
- (v.) The act of making such an offer or proposal in an auction or tender process.
She is bidding on the property at the auction.
Forms
- bids (third-person singular verb)
- bid (past tense and past participle)
- bidding (gerund and present participle)
Related terms
See also
Commentary
Use 'bidding' to refer broadly to the process or action in contracts and auctions; differentiate from 'bid' as the single offer or act.
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.