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Related to bidder: Highest bidder
See: applicant, candidate, customer, rival

BIDDER, contracts. One who makes an offer to pay a certain price for an article which is for sale.
     2. The term is applied more particularly to a person who offers a price for goods or other property, while up for sale at an auction. The bidder is required to act in good faith, and any combination between him and others, to prevent a fair competition, would avoid the sale made to himself.
     3. But there is nothing illegal in two or more persons agreeing together to purchase a property at sheriff's sale, fixing a certain price which they are. willing to give, and appointing one of their number to be the bidder. 6 Watts & Serg. 122.
     4. Till the bid is accepted, the bidder may retract it. Vide articles, Auction and Bid; 3 John. Cas. 29 6 John. R. 194; 8 John. R. 444 1 Fonbl. Eq. b. 1, c. 4, Sec. 4, note (x).

References in periodicals archive ?
Daroga State Park group camp improvements, Orondo, Chelan County PUD; apparent low bidder was Halme Builders Inc.
AZ Bidder (with its affiliates) provides foreclosure bidding and real estate brokerage services nationally-in more than 70 markets in seven states-via a highly innovative, web-based platform.
Bidders who cannot give a clear certificate will need to to provide an "explanatory statement" setting out any mitigating factors - for example, the bidder no longer engages in tax planning.
Since almost all reports received by bidders are positive, a bidder's feedback rating is almost always identical to the number of positive reports that the bidder has received, and each of these reports represents an auction where the bidder completed a transaction with an ebay seller.
Bidders can make payment with credit cards, at convenient stores, or through ATMs, with the intermediary charges ranging from 178 yen (for ATM payment of less than 30,000 yen) to the fixed rate of 4.
Impermissible contacts with the governmental entity occurs when the bidder contacts an individual at a state agency who is not the "designated contact person" for the particular procurement in an attempt to influence that agency.
Bankruptcy Court on Monday, expressing concern that trustee Robbin Itkin is favoring bidder RR Property Holdings.
However, the evidence regarding returns to bidders, as well as that regarding the net returns to bidders and targets combined, is too inconsistent to permit any clear conclusion.
After several rounds of competitive bidding, the auction was adjourned to allow the bidders to consider an alternative transaction among the Company, the Konami Bidder and the Saban Bidder pursuant to which each of the bidders would acquire certain assets of the Company.
Bidder company or its principals must be in the business of providing Nano Hyperspec Imaging Spectrometer item and must have done so for the past five (5) years.
Countywide pavement preservation, Chelan County; apparent low bidder was Intermountain Slurry Seal Inc.
Solow, who states that he was a bidder during the 2003 auction, is seeking millions in damages and also potentially a nullification of the sale.