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bidder
This term is primarily used in commercial and legal contexts, specifically within auctions or government and corporate procurement. It carries a neutral, professional tone, though in high-stakes environments, it can imply a sense of competition or rivalry between opposing parties.
In a tendering process, a bidder is often a company rather than an individual, submitting a formal proposal that includes both a price and a plan of execution. This differs from a casual auction setting where the bidder is typically an individual competing in real-time.
Meanings
Examples
We are looking for a qualified bidder to handle the construction project.
I wonder if any other bidder will try to outbid me.
The government decided to award the contract to the lowest bidder.
Wait, there is another bidder in the back of the room.
The estate was auctioned off, and a mysterious bidder bought everything.
The estate was auctioned off, and a mysterious bidder bought everything.
Each bidder must register their details before the auction begins.