bid costs Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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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 money paid to all the people involved when one company tries 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 bid costs.
(Definition of bid costs from the Cambridge Business English Dictionary © Cambridge University Press)
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