top a bid

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Top a Bid

To make a bid for a security or other asset higher than the previous one. See also: Auction.

top a bid

To make a bid higher than the prevailing bid.

References in periodicals archive ?

However, on Thursday June 23, 2011, it was announced that Williams Cos ("Williams") made a topping bid for the Company.

Law Offices of Howard G. Smith Announces New Details Relating to its Investigation of Southern Union Co

As part of the settlement, Logan's Roadhouse and CBRL Group have also agreed that the termination fee that was payable by Logan's Roadhouse to CBRL Group in the event of a topping bid by a third party will be reduced from $5.

Logan's Roadhouse and CBRL Group Set Closing Date for Merger; Logan's Announces Agreement in Principle to Settle Merger Litigation

But now they have decided to go for Akinbiyi, topping bids by Wolves, Birmingham and Nottingham Forest - and leaving Collymore facing the prospect of having to rot at Villa.