Noncompetitive Bid

Business / Taxes / Noncompetitive Bid: Investors who can't or don't wish to meet the minimum purchase requirements for competitive bidding on Treasury bills or notes may enter a noncompetitive bid. You can invest as little as $1,000 or as much as $5 million in each new issue through Treasury Direct. Treasury Direct is a system that allows you to buy government securities without going through a bank or a brokerage firm. The Treasury sells T-bills, for example, to all noncompetitive buyers whose bids arrive by the weekly deadline, for a price equal to what competitive bidders pay for that week's issue. A noncompetitive bid may also be known as a noncompetitive tender.

Other Words for Bid

Bid Verb Synonyms: offer, make an offer (for), tender, proffer
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Iron Carbide

Business / Machine Shop / Iron Carbide: A binary compound of carbon and iron: it becomes the strengthening constituent in steel. MORE

Keyword Bidding

Business / Internet Marketing / Keyword Bidding: Keyword Bidding is the process or method used by search engines marketers to determine the ranking of paid keywords results in AOL, Google, MSN, Yahoo, and other search engines that require pay per cl MORE

Libido

Science / Psychiatry / Libido: The psychic drive or energy usually associated with the sexual instinct. (Sexual is used here in the broad sense to include pleasure and love-object seeking.) MORE

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