best bidglossary / 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.] 词条贡献者 法律翻译Kelly,毕业于美国顶尖的高级翻译学院,专注翻译各类与消费者产品责任纠纷有关的法律文件。