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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VERIFIABILITY is where the fact is capable of being tested (verified or falsified) by experiment or observation.

MIDDLE MARKET COMPANY: see MID-CAP.

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