WORLD HISTORY

Detailed explanation-1: -If you sell something to the highest bidder, you sell it to the person who offers the most money for it.

Detailed explanation-2: -Among various bidders, the one who offers the highest price or bid will normally be the successful purchaser. Initially, the seller often places a minimum price for his/her property. The bidders compete among themselves by offering competitive prices and the highest bid will normally be accepted by the seller.

Detailed explanation-3: -a person or group that offers to pay an amount of money to buy something. The painting went to the highest bidder (= the person who offered the most money).

Detailed explanation-4: -High Bid means the high bid amount recognized by Auctioneer at the conclusion of bidding on a Lot or on a parcel of Real Property, as the case may be. Sample 1. High Bid or “Winning Bid” means the high bid amount recognized by Auctioneer at the conclusion of bidding on the Real Property.

Detailed explanation-5: -To place the winning bid, your offer will have to be as strong as possible. This includes coming up with a competitive price. But do sellers always accept the highest offer? The short answer is no.