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Competitive bidding |
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Competitive biddingA securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell.Competitive bidding Similar MatchesCompetitive offeringCompetitive offeringAn offering of securities through competitive bidding. Perfectly competitive financial marketsPerfectly competitive financial marketsMarkets in which no trader has the power to change the price of goods or services. Perfect capital markets are characterized by certain conditions: (1) Trading is costless, and access to the financial markets is free; (2)information about borrowing and lending opportunities is freely available; and (3) there are many traders, and no single trader can have a significant impact on market prices. Global competitivenessGlobal competitivenessCompetitiveness, applied internationally. CompetitiveCompetitiveUsed alone, this usually means perfectly competitive. Contrasts with imperfectly competitive. Noncompetitive tenderNoncompetitive tenderOffer 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 SuggestionsCompetitive biddersRegistered Competitive Market Maker Perfectly competitive Imperfectly competitive Noncompetitive bid Competitiveness Competitive advantage Registered competitive market maker |
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