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blind bid

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blind bid
An offer to purchase a basket of stocks without knowing exactly which stocks are included in the basket. Portfolio managers utilize blind bids when they risk affecting the market prices of stocks they buy and sell.


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He will be a true free agent, meaning clubs won't have to submit a blind bid to Yomiuri to win negotiating rights.
The buyer who creates the blind bid is able to view the incoming bids and monitor the bidding process.
 
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