竞价 (jìng jià) — price competition; competitive bidding
Definition
A formal/commercial term for competitive bidding — buyers drive the price up by outbidding each other, typically at auctions or in procurement contracts.
noun
price competitioncompetitive bidding
Examples
- 竞价。Zhè chǎng pāi mài huì de jìng jià fēi cháng jī liè.The bidding at this auction was very intense.
- 竞价。Liǎng jiā gōng sī wèi le zhè ge xiàng mù zhǎn kāi le jìng jià.The two companies engaged in price competition for this project.
- 竞价。Zài xiàn jìng jià píng tái ràng mǎi jiā néng gèng zhí jiē dì bǐ jiào jià gé.Online bidding platforms allow buyers to compare prices more directly.
Appears in
Browse more HSK 7-9 words or search the full 43,000-word dictionary.