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.
Bidding War. A process in which two or more parties attempt to get their offer accepted by a seller, usually by making repeated offers at higher amounts. More On Bidding War. A bidding war is a process in which two or more parties attempt to get their offer accepted by a seller, usually by making repeated offers at higher amounts. Bidding wars are sometimes purposely sparked when sellers set an asking price thatâs below market value.