Definition of 'bewildering'. bewildering (bÉªwÉªldÉrÉªÅ ) A bewildering thing or situation is very confusing and difficult to understand or to make a decision about. A glance along his bookshelves reveals a bewildering array of interests.
Sealed-Bid Auction. What is a 'Sealed-Bid Auction'. A sealed-bid auction is a type of auction process in which all bidders simultaneously submit sealed bids to the auctioneer, so that no bidder knows how much the other auction participants have bid. The highest bidder is usually declared the winner of the bidding process.
1 If bidding is via sealed bids you will have to write down your offer and seal it in an envelope. 2  The estate agent will give all the bids to the seller who will usually choose the highest. 3  This is designed to get a high price as buyers, worried they will be outbid, put in their highest offer.