Tooltip Categories: Economics & Finance

bill

a printed or written statement of the money owed for goods or services

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bill auction

A public auction for Treasury bills that is held weekly by the U.S. Treasury. Currently there are 17 authorized primary dealers that are required to

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biannual

Occurring twice a year. (source: http://www.wordreference.com/definition/biannual)

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bid

An offer of a specified amount, as at an auction. (source: http://www.wordreference.com/definition/bid)

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bid out

Submit a proposal to execute specified job(s) within prescribed time, and not exceeding a proposed amount (that usually includes labor, equipment, and materials).

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bidder

Someone who offers to pay a particular amount of money for something. (source: http://dictionary.cambridge.org/dictionary/british/bidder)

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bidding requirements

Document that includes bid form, basic and supplementary instructions to bidders, and minimum acceptable standards set by the originator of the project for which bids

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biennial

An event celebrated or taking place every two years. (source: http://www.wordreference.com/definition/biennial)

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