Competitive advantageCompetitiveness. Contrasts with comparative advantage.
Noncompetitive bidNoncompetitive bid
In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids.
Competitive biddersCompetitive bidders
One of two categories of bidders on Treasury securities: competitive and noncompetitive. Competitive bidders are usually financial institutions.
Imperfectly competitiveImperfectly competitive
Refers to an economic agent (firm or consumer), group of agents (industry), model, or analysis that is characterized by imperfect competition. Contrasts with perfectly competitive.
Registered competitive market makerRegistered competitive market maker
An NASD-registered NASD who acts as a NASD for a designated NASD NASD by buying and selling that NASD to maintain stability.
Noncompetitive tenderNoncompetitive tender
Offer by an investor to purchase Treasury securities at a price equivalent to the weighted average discount rate or yield of accepted competitive bids in a Treasury auction. Noncompetitive tenders are always accepted in full.
Further SuggestionsGlobal competitiveness
Registered Competitive Market Maker
Perfectly competitive financial markets