Definition, Meaning & Synonyms
highest-bidder
noun
/ˈhaɪɪstˈbɪdər/
Definition
The individual or group that offers the most money in an auction or competitive bidding process.
Examples
- The highest-bidder won the antique vase at the auction.
- In real estate, the highest-bidder often gets the property.
- The rarest collectible was sold to the highest-bidder after an intense auction.
Meaning
The term ‘highest-bidder’ refers to the person or entity that places the highest monetary bid during an auction. This bidder wins the item or contract being sold, as their offer surpasses all other competing bids.
Synonyms
- winner
- top bidder
- leading bidder
