| 单词 | closed bid |
| 释义 | closed bid closed bid noun [C]
(Commerce ) a situation where companies compete to supply work or goods, or to buy sth, by offering a particular price or amount of money. The offers are kept secret until a particular time when they are all opened and the best offer is chosen: All closed bids have to be in by 1 June. ⇨ OPEN BID, SEALED BID |
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