What is the meaning of preemptive bid?

noun

  • A high bid that is intended to prevent the opposing players from bidding.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). preemptive bid. Retrieved September 20, 2026, from http://smartdefine.org/preemptive_bid/definitions/1217436
ChicagoWordNet. 2010. "preemptive bid" http://smartdefine.org/preemptive_bid/definitions/1217436 (accessed September 20, 2026).
HarvardWordNet 2010, preemptive bid, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/preemptive_bid/definitions/1217436>.
MLAWordNet. "preemptive bid" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/preemptive_bid/definitions/1217436>