Bidder: meaning, definitions and examples

This term is often used in the context of auctions and competitive bidding scenarios, where individuals are trying to acquire something by offering a price.

• The highest bidder won the painting at the auction.
• Several bidders competed for the property.

Similar to 'buyer,' but often used in more formal or official contexts, typically relating to business or legal transactions.

• The purchaser signed the contract after the negotiation.
• A house purchaser must consider all associated costs.

This word is used in general purchasing situations where someone is acquiring goods or services in exchange for money.

• The buyer inspected the car before making a purchase.
• Sally is a frequent buyer at this store.

This word refers to someone who takes part in an event or activity, not necessarily related to purchasing or bidding. It can be used in various contexts including competitions, studies, and general events.

• Each participant in the marathon received a medal.
• She was an active participant in the discussion.

A person or organization participating in an auction or competitive bidding process, especially in a commercial context.

• The highest bidder won the painting
• Several bidders competed for the government contract

A party that submits a tender in response to an invitation to bid, usually in a formal, public, or governmental procurement process.

• The tenderer provided a detailed proposal for the construction project
• Each tenderer must meet the specified requirements

An individual or organization that makes a formal offer, particularly in legal or corporate settings. It is commonly used in contractual agreements and business dealings.

• The offeror proposed a fair deal for the land purchase
• All offerors must submit their documents by the end of the week

A person or team that is in competition or conflict with others, often used in sports, politics, or any competitive field. It implies a serious challenge or rivalry.

• He is considered a top contender for the championship
• The new software company is a strong contender in the market

Used in auctions or competitions where individuals or entities make offers to purchase or win something.

• The highest bidder will take home the painting
• There were several bidders at the auction, each hoping to win the rare artifact

A more general term used to refer to someone who takes part in any event, activity, or competition, not necessarily involving bidding.

• Each participant in the marathon received a medal
• The conference had many participants from different countries

Specifically applies to situations where the bidding process is conducted over the internet.

• The online bidder from Germany won the auction with a last-minute offer
• Due to the pandemic, more people have become online bidders in various auctions