Category Archives: Glossary

1. Bill (BIL) Definition: A bill is a formal written proposal or draft of legislation presented for discussion, debate, and approval by a legislative body, such as a parliament, congress, or local council. Bills can originate from government officials, legislators, or private citizens and address a wide range of policy issues, including taxation, healthcare, education,… Read More »

Top 10 Meanings of BID 1. Bid (BID) In the context of auctions and trading, a bid refers to an offer made by a buyer to purchase a specific item or financial instrument at a specified price. Bidding is a fundamental mechanism in auctions, where potential buyers compete to acquire goods or assets by submitting… Read More »