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.
Whereas, the bid and ask are the best potential prices that buyers and sellers are willing to transact at: the bid for the buying side, and the ask for the selling side. But, think of the bid and ask prices you see as tip of the iceberg prices. That is: The Bid: 13.20 x200 is an indication that there are potential buyers bidding $13.20 for up to 200 shares. Their bids are the highest currently bid; and there are others in line behind with lower bid prices.