ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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PREFERRED BIDDER Definition
PREFERRED BIDDER is the bidder who is selected by the vendor, usually to some predetermined criteria, as being the party to whom it intends to sell the business, or award a contract, subject to the completion of negotiations and legal arrangements.
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CHEQUE see CHECK.
CONDENSED FINANCIAL STATEMENTS are presented in considerably less detail than complete financial statements.