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
