Topical Terminology > Opening Bid

3 Definitions

Opening Bid

For Opening Bid we have terms and definitions in 3 topics. The topics are Auction, Bridge and Real Estate Auction.

Also called "Starting Bid." A required price entered by the Seller that must be met or exceeded before there can be a high bidder.

The first bid that is not a pass. The player who makes this bid is called the "opener".

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The first bid offered by a bidder at an auction.

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