bid costs Meaning in the Cambridge English Dictionary
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Meaning of “bid costs” in the English Dictionary

"bid costs" in Business English

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bid costsnoun [plural]

uk   us   ACCOUNTING, MONEY
the ​moneypaid to all the ​people involved when one ​companytries to ​buy another, for ​example, ​lawyers, accountants, and bankers: The ​company announced ​losses of £18m rather than the expected £55m ​profit after having to ​change its ​accounting for ​bidcosts.
(Definition of bid costs from the Cambridge Business English Dictionary © Cambridge University Press)
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