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词汇 closed-bid
释义 closed bid
noun
 COMMERCEukus
[ U ](alsoclosed bidding)
a system of choosing the best offer to supply goods or services by asking companies to offer their best price without knowing what the other companies are offering:
The supplier was chosen by closed bid.
a closed bid auction
Compare
open bid
sealed bid
[ C ]
an offer to supply goods or services that is kept secret until all offers have been received:
The land is going to be sold by submitting closed bids.

Examples of closed bid


closed bid
In 2013, the mountain was put up for sale in a closedbid auction.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
It was a closedbid even though it was known that there were other bidders.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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