Definitions for "competitive bid"
An offering procedure in which underwriters submit sealed bids to the issuer...
A mechanism to select a lead investment bank in which investment banks submit a bid representing their compensation. The issuing firm solicits bids on the underwriting and chooses the underwriter who offers the most favorable terms.
The effort of two or more vendors acting independently to secure the business of the University by offering the most favorable terms (price, quality and service).
Keywords:  sale, see