sealed bid
sealed bid · sealed bids
A cost estimate, or a proposal to buy something, the value of which is kept secret…A cost estimate, or a proposal to buy something, the value of which is kept secret from competitors until all such bids have been made.
Meaning
1 sensesA cost estimate, or a proposal to buy something, the value of which is kept secret from competitors until all such bids have been made.
Forms
plural: sealed bids| Singular | sealed bid |
|---|---|
| Plural | sealed bids |
regular