sealed bid

noun

A cost estimate, or a proposal to buy something, the value of which is kept secret from competitors until all such bids have been made.

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Meanings

nounsealed bid (plural sealed bids)

plural sealed bids

  1. A cost estimate, or a proposal to buy something, the value of which is kept secret from competitors until all such bids have been made.

Translations

Finnish suljettu tarjous
  • suljettu tarjoustype of bid
Cite this entry
APA

sealed bid. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/sealed%20bid

MLA

“sealed bid.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/sealed%20bid. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “sealed bid,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/sealed%20bid.

Source: sealed bid on Wiktionary, CC BY-SA 4.0.