Words / B / Law

bidder

/ˈbɪdə/

B1CEFR level
30/100Rarity: fairly common
TechnicalRegister

Law noun

A person or company making an offer to acquire another company.

A rival bidder emerged, forcing the original offer to be raised.

Similar: offeror, suitor

Topic: Corporate law in Legal English

Business noun

A party making an offer to acquire a company or asset.

A rival bidder gate-crashed the auction with an unsolicited cash offer at a ten per cent premium.

Similar: suitor, offeror

Topic: Strategy in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Corporate law