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preemptive bid

   Also found in: Legal, Wikipedia 0.01 sec.
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Noun1.preemptive bid - a high bid that is intended to prevent the opposing players from bidding
pre-empt, preempt
bidding, bid - (bridge) the number of tricks a bridge player is willing to contract to make
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McCain is betting that he can dim Obama's so far remarkably resilient star power -- and seems to be making preemptive bid to limit any 'bounce' his rival enjoys from his party convention in three weeks.
McCain awakes and ignites White House race by AFP / AFP American Edition
Sturner also has also been called a master of the preemptive bid, a maneuver in which a buyer tries to win a building mid-auction by offering a price higher than competing bidders but perhaps less than what the property would trade for if its price were to be bid up in the auction's later rounds by competing buyers.
What's next for Sturner? by Geiger, Daniel / Real Estate Weekly
I offered a plan of action that may have also appeared extreme: Submit a preemptive bid at a premium to the anticipated price.
Combat pilots and CEOs: from one 'top gun' to another by Thurman, Randy / Chief Executive (U.S.)
 
 
 
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