best bid

The highest auction bid; in the letting of a contract, the lowest bid by a qualified bidder. [Cases: Auctions and Auctioneers 7. C.J.S. Auctions and Auctioneers §§ 2, 8–17.]

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词条贡献者

译者玉晶，毕业于世界顶级翻译学院，擅长翻译各种与风险投资相关的法律文件。