Law Dictionary Definitions

BID PEDDLING bid peddling.See BID-SHOPPING. [Blacks Law 8th]

bid in.See BID(1).[Blacks Law 8th]

  biderepe. See BEDRIP. [Blacks Law 8th]

bidding up.The act or practice of raising the price for an auction item by making a series of progressively higher bids. • Bidding up is unlawful if the bids are made collusively by persons with an interest in raising the bids. Cf. BY-BIDDING; SHILLING(1). [Cases: Auctions and Auctioneers  7.C.J.S. Auctions and Auctioneers §§ 2, 8–17.][Blacks…

bid bond.See BOND(2). [Blacks Law 8th]

bid and asked.Securities. A notation describing the range of prices quoted for securities in an over-the-counter stock exchange. • Bid denotes the buying price, and asked denotes the selling price. See SPREAD(2). [Cases: Exchanges  13. C.J.S. Exchanges §§ 2, 18.][Blacks Law 8th]

  Bicameral Clause.The constitutional provision that creates the two legislative chambers of Congress. See U.S. Const. art. I, § 1. BID bid,n.1. A buyer’s offer to pay a specified price for something that may or may not be for sale <a bid at an auction> <a takeover bid>. best bid.The highest auction bid; in the…

bicameral,adj. (Of a legislature) having two legislative houses (usu. called the House of Representatives, or the Assembly, and the Senate). • The federal government and all states except Nebraska have bicameral legislatures. [Cases: States  26. C.J.S. States § 40.] — bicameralism,n.[Blacks Law 8th]

bias,n. Inclination; prejudice; predilection <the juror’s bias prompted a challenge for cause>. — bias,vb. — biased,adj. actual bias.Genuine prejudice that a judge, juror, witness, or other person has against some person or relevant subject. Cf. implied bias. implied bias.Prejudice that is inferred from the experiences or relationships of a judge, juror, witness, or other person.…

BIA.abbr.BUREAU OF INDIAN AFFAIRS. [Blacks Law 8th]