preemptive bid

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Noun1.preemptive bid - a high bid that is intended to prevent the opposing players from bidding
bidding, bid - (bridge) the number of tricks a bridge player is willing to contract to make
References in periodicals archive ?
Produced for a theatrical release by the Academy Award -winning producer of THE HURT LOCKER Nicolas Chartier, the film received a preemptive bid for release on NGC.
I offered a plan of action that may have also appeared extreme: Submit a preemptive bid at a premium to the anticipated price.
The inflated egos probably harbor a secret desire to someday claim they took part in jogging the very hand of God by making a preemptive bid over His sovereignty.
Also, it is important to note that any time during this process a bidder might make a preemptive bid to short-circuit the sale.
The company was criticized for making a preemptive bid on the Chronicle, which had been put up for sale by the heirs of its founders after they decided that they wanted to liquidate their entire mini media empire (three newspapers, three TV stations, a web site and a book publisher).