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Bid Wanted

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.01 sec.
Bid wanted
Used in the context of general equities. Announcement that a holder of securities wants to sell and will entertain bids.

Bid Wanted
An indication or announcement that an investor or broker-dealer wishes to sell a certain security at a certain price, especially when there are no current buyers. A bid wanted is analogous to a bid, which is essentially the same thing from the buyer's perspective. The price on a bid wanted is called the offer.

bid wanted (BW)
Notice given by a security owner that a security position is available for sale and that purchase offers will be considered. A bid wanted announcement is the initial step in seeking an interested buyer with the final price to be negotiated later.


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LTTIL's bid wanted the project scope to include addition of the Athupalam Bridge in the city and a road overbridge (ROB) on NH 209 (Coimbatore-Dindigul), in order to improve the financial viability of the bridge.
The Fashion Center BID wanted to transform the windows of the Port Authority, while creating something beautiful and inspirational for pedestrians," said Barbara Randall, executive director of the Fashion Center BID.
DLIB chairman Frank McKenna said: "When we won the bid in June, 2003, thousands of people who had bought window stickers supporting the bid wanted to replace them with new badges supporting the event"But, until now, they have not been able to do that as the cost of doing so has been so high.
 
 
 
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