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blind bid

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Financial Dictionary

blind bid

An offer to purchase a basket of stocks without knowing exactly which stocks are included in the basket. Portfolio managers utilize blind bids when they risk affecting the market prices of stocks they buy and sell.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Construction Takeoff Tool
Estimating & Takeoff Software for Contractors. Free 14 Day Trial!
www.PlanSwift.com
Blinds Up to 87% Off
Featured on ABC's Extreme Makeover Free Shipping and Free Samples.
www.SelectBlinds.com
Search another word or see blind bid on Thesaurus | Reference
Bid
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www.StateandFederalBids.com
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