Definitions from the Web
Term: Any-and-All Bid
Description:
The term "Any-and-All Bid" refers to a bid or offer that allows for the purchase of all available items or assets, without any limitations or restrictions. It indicates a comprehensive approach where there is an interest in acquiring everything that is being offered or available, leaving no item behind or excluding certain pieces.
Senses:
- Business: In business, an any-and-all bid is a type of offer made during acquisitions or auctions where the buyer presents an unconditional proposal to purchase all assets or shares of a company being sold.
- Sports: In sports, an any-and-all bid refers to a technique employed in certain games, like poker or contract bridge, where a player bids a high-value proposition that applies to any possible combination of situations.
Sample Sentences:
- The company submitted an any-and-all bid to acquire the entire inventory of the bankrupt competitor.
- The player confidently made an any-and-all bid, convinced that they could win regardless of the cards dealt.
- John's any-and-all bid in the auction allowed him the opportunity to purchase every item available.
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