bidding contest
- noun
- /ˈbɪdɪŋ ˈkɒntɛst/
- For example, at one point in the bidding contest, Dell asked for a license agreement similar to the Break-Up Fee License Agreement in the Turtle Beach-Parametric Sound deal.
- win a bidding contest
Examples
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For example, a match right might not have a significant deterrent effect when coupled with a 2% fee. But a match right coupled with a 5% fee puts a prospective third-party bidder at a 5% disadvantage in any bidding contest.
Academic text (2017) -
Following a competitive bidding contest, the local artist was chosen to create a sculpture for the city park.
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The Oracle/SAP/Retek bidding contest also illustrates the point.
Academic text (2017) -
When the first bidder has a match right, the only way a third party will bid is if it believes it can win a bidding contest against the first bidder.
Academic text (2017) -
They called the train "the college special" because they planned to win a bidding contest to host a new state-supported district agricultural and mechanical high school.
Academic text (2007) -
The company, Reliable Cleaning Services, recently won a bidding contest to secure a contract for park maintenance.
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After a lengthy bidding contest involving several companies, the city awarded the construction project to the lowest bidder.
Synonyms
A public sale where people bid and the highest bidder buys the item
Offering a price to buy something, for example at an auction
A public sale where items go to the person who offers the most money
How Competitive
Surface Forms
Morphology
The meaning is directly and transparently derived from combining 'bidding' (making competitive monetary offers) with 'contest' (a competition), so a B1 learner who knows both constituents will readily infer it denotes a competition of offers. This compositional pattern is common in English and parallels expressions in other languages, reinforcing predictability.
Etymology
The noun bidding contest comes from the image of people at an auction calling out higher amounts as they try to win: each person is bidding to beat the others in a contest. So, the phrase now means 'a competition where people make higher offers to win something'.