Bidding: The practice of posting all job openings internally so that current employees may be allowed the opportunity to apply for vacant positions prior to the employer seeking qualified candidates through other external recruitment measures.

 

Related Words

Bidding: The practice of posting all job openings internally so that current employees may be allowed the opportunity to apply for vacant positions prior to the employer seeking qualified candidates . . . View Full Definition

Keyword Bidding: Keyword Bidding is the process or method used by search engines marketers to determine the ranking of paid keywords results in AOL, Google, MSN, Yahoo, and other search engines that require . . . View Full Definition

Bidding Through The Market: In the context of general equities, aggressive willingness to purchase a security at a premium to the inside market. Contrast with bidding buyer.

Bidding Requirements: The procedures and conditions for the submission of bids. The requirements are included ion documents, such as the notice to bidders, advertisements for bids, instructions to bidders, invita . . . View Full Definition

Bidding Buyer: In the context of general equities, a nonaggressive buyer who prefers to await a natural seller in the hope of paying a lower price.

Bidding Up: Moving the bid price higher.

Competitive Bidding (For WIC): With respect to the WIC program, refers to the method for containing program costs, particularly for infant formula contained in food packages: requires state WIC agencies to solicit bids to . . . View Full Definition

Competitive Bidding: Often used in risk arbitrage. Situation whereby another O.T.C. market maker has transacted with investment bank at the stated market level before the bid/offer has been made.

Timber Sale: A contract for the sale of federal timber to a private purchaser with the right to cut and remove trees for an agreed-upon stumpage price: the contract includes an estimated volume of wood a . . . View Full Definition

Sole Source Bid: This refers to the required bidding process for infant formula sold through the WIC program. It offers an infant formula manufacturer the option of bidding to be the only provider of infant . . . View Full Definition