bid price

Definitions

Accounting

Construction

  • The amount for which a bidder offers to perform work. (This sum is stated in the bid.)

Economics

  • noun the price at which units in a unit trust are sold back to the trust by an investor. The opposite, i.e. the price offered by the purchaser, is called the offer price; the difference between the two is the spread.

Real Estate

  • noun a price that someone offers to pay for a property
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