firm bid

firm bid
Offer which contains no conditions which may defeat acceptance and which by its terms remains open and binding until accepted or rejected

Black's law dictionary. . 1990.

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  • firm bid — firm bid, a commitment to buy a specified amount at a specified price within a specified time …   Useful english dictionary

  • firm bid — Offer which contains no conditions which may defeat acceptance and which by its terms remains open and binding until accepted or rejected …   Black's law dictionary

  • bid — 1 / bid/ vb bid, bid·ding vt: to offer (a price) for payment or acceptance vi: to make a bid: state what one will pay or take in payment a contractor bidding for a job bid·der n bid 2 …   Law dictionary

  • bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… …   Black's law dictionary

  • bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… …   Black's law dictionary

  • firm — Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company. Bloomberg Financial Dictionary At CME, it is called a clearing member firm. A company that has membership privileges… …   Financial and business terms

  • Firm — Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company. The New York Times Financial Glossary * * * ▪ I. firm firm 1 [fɜːm ǁ fɜːrm] noun [countable] ORGANIZATIONS a company… …   Financial and business terms

  • FIRM — ( foreign investment risk matrix) Graph that displays financial and political risk by intervals on which countries may be compared according to risk ratings. Bloomberg Financial Dictionary * * * ▪ I. firm firm 1 [fɜːm ǁ fɜːrm] noun [countable]… …   Financial and business terms

  • bid — An expression indicating a desire to buy a commodity at a given price, opposite of offer. Chicago Board of Trade glossary The request to buy a futures contract at a specified price; the opposite of offer. The CENTER ONLINE Futures Glossary bid or …   Financial and business terms

  • Firm Quote — A price quote on a security, made by a dealer or market maker, that guarantees a bid or ask price up to the amount quoted. This differs from a nominal quote wherein the price and quantity of a bid or ask quote are not firmly posted. For example,… …   Investment dictionary

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