Her expertise is in personal finance and investing, and real estate. The term "best bid" refers to the highest quoted price available that somebody is willing to purchase a particular security ...

The Government body responsible for arranging power supply for State agencies could not even get companies to bid to provide electricity because of “extreme volatility” in energy prices last year.

The banks have so far deemed those bids unattractive, according to people with knowledge of the discussions who asked not to be identified because the talks were private.

If your bid is accepted, you’ll typically get upgraded by at least one class, so if you’re in coach and the flight has premium economy, a seat there will be your prize.