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What (who) is lowest bid - definition

Unique bid auctions; Lowest unique bid auction; Lowest unmatched bid auction; Mobile reverse auction; Low bid auction; Highest unique bid; Highest unique bid auction; Lowest unique bid; Lowest Unique Positive Integer

Unique bid auction

A unique bid auction is a type of strategy game related to traditional auctions where the winner is usually the individual with the lowest unique bid, although less commonly the auction rules may specify that the highest unique bid is the winner. Unique bid auctions are often used as a form of competition and strategy game where bidders pay a fee to make a bid, or may have to pay a subscription fee in order to be able to participate.

https://en.wikipedia.org/wiki/Unique_bid_auction

BH3 interacting-domain death agonist

PROTEIN-CODING GENE IN THE SPECIES HOMO SAPIENS

BH3 interacting domain death agonist; BID (gene)

The BH3 interacting-domain death agonist, or BID, gene is a pro-apoptotic member of the Bcl-2 protein family. Bcl-2 family members share one or more of the four characteristic domains of homology entitled the Bcl-2 homology (BH) domains (named BH1, BH2, BH3 and BH4), and can form hetero- or homodimers.

https://en.wikipedia.org/wiki/BH3_interacting-domain_death_agonist

bid

WIKIMEDIA DISAMBIGUATION PAGE

Bid; BID (disambiguation); Bid (disambiguation); B.I.D

I

n.

bidding of an amount

1) to enter, file, make, put in, submit a bid

2) to call for, invite bids

3) to raise one's bid

4) to consider, entertain bids

5) to recall a bid

6) an opening; sealed bid

7) the highest bid

8) a bid for, on (she made a bid on the painting)

attempt

9) to make a bid

10) a desperate bid

11) a bid for (she made a bid for the nomination)

12) a bid to + inf. (he made a bid to regain his former influence)

II

v.

1) (D; tr.) to bid for (she bid twenty pounds for the vase)

2) (esp. AE) (D; intr.) to bid on (to bid on a contract)

III

v.

1) (formal) (A) she bade farewell to them; or: she bade them farewell

2) (obsol.) (H) to bid smb. to do smt.

3) (obsol.) (I) to bid smb. do smt.

Wikipedia

Unique bid auction

A unique bid auction is a type of strategy game related to traditional auctions where the winner is usually the individual with the lowest unique bid, although less commonly the auction rules may specify that the highest unique bid is the winner. Unique bid auctions are often used as a form of competition and strategy game where bidders pay a fee to make a bid, or may have to pay a subscription fee in order to be able to participate.

In practice, such auctions function like lotteries, but the small amount of "skill" involved makes them legal in jurisdictions where lotteries are otherwise illegal.

https://en.wikipedia.org/wiki/Unique bid auction

Examples of use of lowest bid

1. A competition, as prescribed by government policy, was not held to get the lowest bid for the $300,000 contract.

2. OGG–Petrol Ofisi OGG; ENI Refining and Market Division (Italy) and MOL (Hungary), were eliminated for submitting the lowest bid.

3. Wednesday‘s auction of two–year JGBs produced the lowest bid to cover ratio in more than two years.

4. Where the importance of the lowest bid in Contract Award cannot be ignored, too much emphasis on price leads to deterioration in product quality.

5. An auction of 15–year floating–rate Japanese government bonds disappointed the Ministry of Finance, with the lowest bid–to–cover ratio since September 2002.