Asked to bid/offer

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Asked to bid/offer

Used in context of general equities. Usually a seller (buyer) looking to aggressively sell (buy) stock, usually asking for a capital commitment from an investment bank.

Asked to Bid/Offer

A situation in which a seller or buyer of a security has solicited a potential buyer or seller. When an investment bank is asked to bid/offer, the potential seller/buyer asks for money as a surety. See also: Bid-ask spread.
References in periodicals archive ?
This contract will be split into geographical areas (council ward areas), whereby bidders will be asked to bid for which lots they wish to service.
Electricity providers were asked to bid into the capacity auction, promising if they win a contract that they will be available to provide power when needed.
Foreign companies will be asked to bid for main propulsion and steering systems.
Adnoc excluded BP from the list of companies it asked to bid for production rights at onshore fields, Petroleum Intelligence Weekly reported last week, without identifying where it got the information.
A typical example of the confusion surrounding what used to be a straightforward, easy to understand, as well as easy to access, service can be seen in today's ECHO story about private companies being asked to bid to run 10 Liverpool GP practices, used by 35,000 patients.
Prospective tenants will be asked to bid for the stadium, with the running track remaining in place.
This week, the dealers are asked to bid on a seven-foot-long stuffed Victorian turtle, erotic photographs, a collection of Vivienne Westwood hats and a James Bond suit worn by actor Sean Connery during his tenure as the secret agent.
CONSTRUCTION firms are being asked to bid for an pounds 8.
Ten banks licensed to arrange yuan share sales in China were asked to bid for the domestic offering.
Stanton said, about four years ago the town notified Charter that Verizon was being asked to bid on providing service to Boylston.
has been asked to bid on the stone columns to be used in the renovation of the North Portico of the White House.
Ghadhban confirmed that Total, France's largest and most profitable firm, had forged a partnership with US giant Chevron, which has been asked to bid for a contract to exploit one of southern Iraq's most promising fields.