sealed bid
[ C ]
an offer to supply goods or services that is kept secret until all offers have been received:
The land is going to be sold by submitting closed bids.
Examples of closed bid
closed bid
In 2013, the mountain was put up for sale in a
closedbid auction.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
It was a
closedbid even though it was known that there were other bidders.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.