Competitive bidding

• A method of choosing an investment banker in which the banker or group of bankers that bids the highest price for a security issue is awarded the issue.

• A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell.

 Embedded terms in definition
 Investment banker
Investment bank
 Related Terms
 Competitive bid
Competitive offering
Perfectly competitive financial markets

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