Glossary entry

English term or phrase:

complementary bidding (a.k.a. cover bidding, courtesy bidding)

Lithuanian translation:

neautentiškas pasiūlymas aukcione / pasiūlymas aukcione neketinant įsigyti (daikto, objekto)

Added to glossary by Rasa Didžiulienė
Apr 22, 2014 07:40
10 yrs ago
8 viewers *
English term

complementary bidding (a.k.a. cover bidding, courtesy bidding)

English to Lithuanian Bus/Financial Business/Commerce (general)
How would you translate "complementary bidding" also known as "cover bidding" or "courtesy bidding)?

Definition: Complementary bidding, also known as cover bidding or courtesy bidding, occurs where some of the bidders agree to submit bids that are intended not to be successful, so that another conspirator can win the contract. For example, the cover bids might contain prices that are uncompetitive in relation to the prices submitted by the conspirator who is designated to win the contract, or alternatively, the cover bids might contain conditions that the conspirators know will be unacceptable to the agency calling for the bids.
Proposed translations (Lithuanian)
4 Neautentiškas pasiūlymas aukcione
Change log

Apr 22, 2014 07:40: changed "Kudoz queue" from "In queue" to "Public"

Proposed translations

1 hr
Selected

Neautentiškas pasiūlymas aukcione

Neautentiškas pasiūlymas aukcione

Kitas galimas vairiantas:

Pasiūlymas aukcione neketinant įsigyti (daikto, objekto).
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