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opening bid

[ˈoʊpənɪŋ bɪd]
nounpl: opening bids
lance inicial
1. The first bid made in an auction, establishing the starting price for an item
The opening bid for the vintage painting was set at $500.
O lance inicial para a pintura antiga foi estabelecido em $500.
2. In bridge or other card games, the first bid made by a player to indicate their hand strength
She made an opening bid of one heart to show her strength in that suit.
Ela fez um lance inicial de um copas para mostrar sua força naquele naipe.
3. In negotiation or business, an initial offer that serves as a starting point for discussion
The company's opening bid for the contract was significantly lower than expected.
O lance inicial da empresa para o contrato foi significativamente menor do que o esperado.
Synonyms
initial bidfirst bidstarting bidopening offer
Antonyms
closing bidfinal bid

Regional Variations

General Brazilian
lance inicial
most common term in auctions and card games
São Paulo
primeiro lance
alternative used in commercial auctions
Portugal
lance inicial
standard term used in Portuguese auctions
Rio de Janeiro
lance de abertura
less common but used in formal auctions

Related Idioms & Phrases

set the opening bid
open the bidding
start the bidding at
make an opening bid
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