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PREFERRED BIDDER Definition

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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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BAN see BOND ANTICIPATION NOTE.

STRONG, from a corporate perspective, usually means having or wielding force or authority within that entitys market segment or niche.


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