Elaborates the best price bid is mainly to the competition of the price, explains its characteristics and problems, puts forward the risk and treatment measures of the best price bid.

本文论述了实施最低价竞标主要是对价格的竞争，根据现状说明最低价竞标的特点及面临的问题，提出了最低价竞标的风险和采取的措施。

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To solicit offers from providers, the best-price purchase process relies on an Invitation to Bid (ITB), also known as Invitation to tender (ITT), Invitation for Bids (IFB), or Sealed Bids.

为了从供应商那招徕报价，最佳价格采购过程取决于招标邀请书，也被叫做投标邀请函，投标邀请书或密封投标。

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At that point, short-selling would be allowed only if the sale price is above the best available "bid" in the market.

那时，只有在股票交易价高于市场中的最优标价时，做空交易才被允许。

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Predictably, short-seller advocacy groups lamented the toughness and cost burdens of the new regulations, under which a trader wanting to short a particular stock has to find a price above the prevailing national best bid and offer price if the stock has already fallen 10% or more from the previous trading session.

FORBES: SEC's New Circuit Breaker Falls Short Of Uptick Rule

Its algorithms can suggest the best price to bid for keywords, based on where the ad will appear on the results page and how many other bidders are present, factoring in constantly changing auction prices.

FORBES: The Keyword Keeper

ISE's system will match orders at the midpoint of the National Best Bid and Offer, which is the current quote system traders use to price buy and sell orders.

FORBES: A New Kind Of Exchange