rebid

/riˈbɪd/
noun
  1. A new or second offer or proposal, especially in a competitive bidding process.
    • After the rebid, the price dropped by nearly 20 percent.
    • The committee reviewed each rebid carefully before making a decision.
    • The company submitted a rebid for the school renovation project.
  2. In card games like bridge, a second bid made by a player during the same round.
    • A rebid in a new suit can indicate a different distribution.
    • She made a confident rebid that surprised the other players.
    • His rebid of two hearts showed a strong hand.
verb
  1. To make a new or second offer to do work or provide goods at a certain price, especially in a competitive situation.
    • The government asked the contractors to rebid because the initial bids were too high.
    • The construction company decided to rebid on the highway project after the first offer was rejected.
    • After losing the first round, the firm prepared to rebid for the contract.
  2. In card games like bridge, to make a second bid during the same round of bidding.
    • He carefully considered whether to rebid or to pass.
    • In bridge, you can rebid a suit to show extra length.
    • She had to rebid after her partner's unexpected pass.
Synonyms
What does "rebid" mean? | whatsthatwordmean | whatsthatwordmean