carta fechada

English translation: sealed bid

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase: carta fechada
English translation:sealed bid
Entered by: Marcos de Lima

09:10 Jul 1, 2008
Portuguese to English translations [PRO]
Law/Patents - Law (general)
Portuguese term or phrase: carta fechada
venda por proposta em carta fechada
Fiona N�voa
Portugal
Local time: 12:42
sealed bid
Explanation:
sug.

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Note added at 27 mins (2008-07-01 09:37:49 GMT)
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"A sealed bid auction is somewhat different from normal bidding. Of course you still put in a bid, and you’re bidding against others in the auction, but in many ways that’s where the similarity ends.

Unlike a normal auction, you don’t have the chance to revise your bid and go higher. What you write down and submit is your one chance to bid on the item. You don’t know what others are offering. That means you not only have to offer what you feel is a fair price, and one that will capture the item, you have to possess a shrewd idea as to what the competition is likely to bid."
http://www.exploreauctions.co.uk/SealedBidBuying.html

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Note added at 29 mins (2008-07-01 09:39:39 GMT)
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"This paper is concerned with the effect of outliers on predictions of the probability of tendering the lowest bid in sealed bid auctions."
http://www.ingentaconnect.com/content/routledg/rcme/2004/000...

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Note added at 30 mins (2008-07-01 09:41:02 GMT)
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"IRVINE, Calif. -- Sperry Van Ness has been retained to sell four retail strip centers by Institutional Sealed Bid."
http://www.allbusiness.com/real-estate/commercial-residentia...
Selected response from:

Marcos de Lima
United Kingdom
Local time: 12:42
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +8sealed bid
Marcos de Lima
4closed-envelope
Marcos Antonio


  

Answers


12 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
closed-envelope


Explanation:
Sug.

Creio ser isto.


- A closed-envelope proposal process was initiated. to receive proposals from both the Region’s Owners Engineer (OE) and YC2002. ...
www.york.ca/.../rpt 1 cls 6.pdf

- Yes, a closed-face envelope feels more personal, maybe more important. For financial offers, messages to customers, for high-end products, closed is ...
www.presentation-pointers.com/showarticle/articleid/411/ - 23k -

Marcos Antonio
Local time: 08:42
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 12
Login to enter a peer comment (or grade)

20 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +8
sealed bid


Explanation:
sug.

--------------------------------------------------
Note added at 27 mins (2008-07-01 09:37:49 GMT)
--------------------------------------------------

"A sealed bid auction is somewhat different from normal bidding. Of course you still put in a bid, and you’re bidding against others in the auction, but in many ways that’s where the similarity ends.

Unlike a normal auction, you don’t have the chance to revise your bid and go higher. What you write down and submit is your one chance to bid on the item. You don’t know what others are offering. That means you not only have to offer what you feel is a fair price, and one that will capture the item, you have to possess a shrewd idea as to what the competition is likely to bid."
http://www.exploreauctions.co.uk/SealedBidBuying.html

--------------------------------------------------
Note added at 29 mins (2008-07-01 09:39:39 GMT)
--------------------------------------------------

"This paper is concerned with the effect of outliers on predictions of the probability of tendering the lowest bid in sealed bid auctions."
http://www.ingentaconnect.com/content/routledg/rcme/2004/000...

--------------------------------------------------
Note added at 30 mins (2008-07-01 09:41:02 GMT)
--------------------------------------------------

"IRVINE, Calif. -- Sperry Van Ness has been retained to sell four retail strip centers by Institutional Sealed Bid."
http://www.allbusiness.com/real-estate/commercial-residentia...

Marcos de Lima
United Kingdom
Local time: 12:42
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 16
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  José Crespo: yes: http://www.businessdictionary.com/definition/sealed-bid.html
11 mins
  -> thanks José. nice link. :-)

agree  ClayWWatson
44 mins
  -> thank you Clay

agree  Alexandra Gouveia
1 hr
  -> thanks Alexandra

agree  Ligia Dias Costa
4 hrs
  -> thank you Ligia

agree  rhandler
5 hrs
  -> thanks rhandler

agree  Elvira Alves Barry
6 hrs
  -> thanks Elvira

agree  Marlene Curtis
8 hrs
  -> thanks Marlene

agree  Luciana Roppa
1 day 4 hrs
  -> thanks Luciana
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