Highest bidder

Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

HIGHEST BIDDER, contracts. He who, at an auction, offers the greatest price for the property sold.
     2. The highest bidder is entitled to have the article sold at his bid, provided there has been no unfairness on his part. A distinction has been made between the highest and the best bidder. In judicial sales, where the highest bidder is unable to pay, it is said the sheriff may offer the property to the next highest, who will pay, and he is considered the highest best bidder. 1 Dall. R. 419.

References in periodicals archive ?
Notes: at a special meeting on wednesday, december 27, 2017, at 2:15 pm, at the township building, portage township, cambria county, pennsylvania, the portage township supervisors will consider and vote on adopting an ordinance awarding the real estate to the highest bidder.
Ranjita Swain and Biswanath Swain, a Khurdha- based couple, was the second highest bidder at ` 11,500.
The future doctor, now 27, did not disclose the identity of the highest bidder with whom she would have gone out on a 12-hour date in Australia and surrender her virginity.
It further states that when the highest bidder is disqualified, the bids and awards committee will move to post-qualify the next highest bidder.
There are many, many more examples of the city''s green spaces being sold off to the highest bidder under the very noses of those who were supposed to benefit from them, the residents.
It is one thing for a water management district to lease appropriate public land for cattle grazing, timber, rock mining or farming; it is a totally different situation to lease the recreation rights on natural lands to the highest bidder, shutting out the general public of modest means that have traditionally depended on public lands for their recreational activities, including hunting.
Pakistan's United Bank Limited (UBL) (LSE:UBLS) reported today that its consortium has been named as the highest bidder in the proposed acquisition of a 67.
Speaking at a meeting in Ankara, Yildiz said that Park Holding, the highest bidder, stated that it would withdraw as of May 31.
Pietersen then tweeted: "I'm prepared to auction off one of my Ashes winning shirts and one of my bats personalised to the highest bidder.
International Resource News-October 15, 2010--Ecopetrol del Peru SA highest bidder for blocks in Peru(C)1994-2010 ENPublishing - http://www.
She added: "I am offering my virginity by tender to the highest bidder as long as all personal safety aspects are observed .
First they announce the register office is to be moved to Kirkleatham and the site sold to the highest bidder, probably for flats.