Definition, Meaning & Synonyms
bidder
noun
/ˈbɪdər/
Definition
A person or organization that offers to pay a specific amount for something, typically in an auction or competitive bidding process.
Examples
- The highest bidder won the art piece at the auction.
- Each bidder must submit their proposal by the deadline.
- As a seasoned bidder, she knew how to negotiate effectively.
Meaning
A bidder is someone who expresses their intention to purchase an item or service by making a formal offer, especially in a competitive situation where multiple parties may be interested in the same thing.
Synonyms
- offeror
- proposer
- entrant
