Rebid

noun, verb

Definitions

Noun
  1. 1
    A second or subsequent (normally higher) bid.
Verb
  1. 1
    To bid again on something.
  2. 2
    To require a new set of bids for.

    "We had to rebid the contract when accusations of fraud by other competitors occurred."

  3. 3
    To bid a higher value of the current suit.

Etymology

Etymology 1

From re- + bid.

Etymology 2

From re- + bid.

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