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preemptive bid - Dictionary definition and meaning for preemptive bid

PREEMPTIVE BID

  • (noun) a high bid that is intended to prevent the opposing players from bidding

    synonyms : pre-empt , preempt

    “We have to launch a preempt to help us clinch the advertising deal”, said the managing director. -added by naila_inlas

    His preempt could not be surpassed by his opponent. -added by priyavanjeri

WordNet® 3.0, © 2006 by Princeton University.


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