Words / S / Business

stalking horse bid

noun

C2CEFR level
93/100Rarity: very rare
TechnicalRegister

An initial, agreed offer that sets the price floor in a distressed auction and flushes out higher bids.

We're going in as the stalking horse to lock in bid protections before these assets hit the open auction.

Similar: stalking horse offer

Topic: Deals 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 business words: Deals