Pronunciation: [bˈɪdə] (IPA) 
The word "bidder" is spelled with two d's, as in /ˈbɪdər/. The first vowel sound is pronounced as "ih," which is short for "ɪ." The second syllable is pronounced as "dur" with an "uh" sound, which is short for "ə," followed by the letter "r." The two letter "d's" are pronounced the same as the "d" sound in the word "day." "Bidder" is commonly used to refer to someone who makes a proposal for a price during an auction or bidding process.
A bidder, in the context of auctions or competitive markets, refers to an individual, group, or organization that participates in the process of purchasing goods, services, or assets through a bidding mechanism. The term "bidder" originates from the verb "to bid," which signifies making an offer, expressing a willingness to buy, or placing a competitive price for an item.
Bidders typically engage in an organized auction setting, where multiple interested parties compete by submitting bids. The purpose of this activity is to determine the highest price that a bidder is willing to pay for the desired item and secure its ownership. Bidders can place bids either openly, allowing others to see their offers, or privately, with only the auctioneer being informed of their bid.
The bidding process significantly varies based on the platform or context in which it takes place. In traditional auctions, bidders often have limited time to raise their offers incrementally until no higher bid is received. Electronic platforms and online marketplaces have expanded the scope of bidding, allowing participants from around the world to bid remotely and in real-time.
A successful bidder is determined by having the highest bid in relation to other competitors before the bidding window concludes. Once the auction ends and a successful bidder is determined, they are obliged to complete the purchase at the agreed-upon price.
Overall, a bidder is an active participant in auctions who offers a competitive price to acquire goods, services, or assets in a market-oriented system.
One who offers a price.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "bidder" has its roots in the Middle English term "biden", which ultimately comes from the Old English word "biddan". "Biddan" means "to ask" or "to command" in Old English. Over time, the word evolved and eventually came to refer specifically to someone who offers a certain amount of money for something in an auction or sale. Today, "bidder" commonly refers to individuals participating in auctions by offering bids on items or services.
