Glossary entry

Portuguese term or phrase:

carta fechada

English translation:

sealed bid

Added to glossary by Marcos de Lima
Jul 1, 2008 09:10
15 yrs ago
4 viewers *
Portuguese term

carta fechada

Portuguese to English Law/Patents Law (general)
venda por proposta em carta fechada
Proposed translations (English)
3 +8 sealed bid
4 closed-envelope
Change log

Jul 15, 2008 07:27: Marcos de Lima Created KOG entry

Proposed translations

+8
20 mins
Selected

sealed bid

sug.

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Note added at 27 mins (2008-07-01 09:37:49 GMT)
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"A sealed bid auction is somewhat different from normal bidding. Of course you still put in a bid, and you’re bidding against others in the auction, but in many ways that’s where the similarity ends.

Unlike a normal auction, you don’t have the chance to revise your bid and go higher. What you write down and submit is your one chance to bid on the item. You don’t know what others are offering. That means you not only have to offer what you feel is a fair price, and one that will capture the item, you have to possess a shrewd idea as to what the competition is likely to bid."
http://www.exploreauctions.co.uk/SealedBidBuying.html

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Note added at 29 mins (2008-07-01 09:39:39 GMT)
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"This paper is concerned with the effect of outliers on predictions of the probability of tendering the lowest bid in sealed bid auctions."
http://www.ingentaconnect.com/content/routledg/rcme/2004/000...

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Note added at 30 mins (2008-07-01 09:41:02 GMT)
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"IRVINE, Calif. -- Sperry Van Ness has been retained to sell four retail strip centers by Institutional Sealed Bid."
http://www.allbusiness.com/real-estate/commercial-residentia...
Peer comment(s):

agree José Crespo : yes: http://www.businessdictionary.com/definition/sealed-bid.html
11 mins
thanks José. nice link. :-)
agree ClayWWatson
44 mins
thank you Clay
agree Alexandra Gouveia
1 hr
thanks Alexandra
agree Ligia Dias Costa
4 hrs
thank you Ligia
agree rhandler
5 hrs
thanks rhandler
agree Elvira Alves Barry
6 hrs
thanks Elvira
agree Marlene Curtis
8 hrs
thanks Marlene
agree Luciana Roppa
1 day 4 hrs
thanks Luciana
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
12 mins

closed-envelope

Sug.

Creio ser isto.


- A closed-envelope proposal process was initiated. to receive proposals from both the Region’s Owners Engineer (OE) and YC2002. ...
www.york.ca/.../rpt 1 cls 6.pdf

- Yes, a closed-face envelope feels more personal, maybe more important. For financial offers, messages to customers, for high-end products, closed is ...
www.presentation-pointers.com/showarticle/articleid/411/ - 23k -
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