two-tier bid
NOUN
12 LETTERS · STARTS WITH T
two-tier bid is a valid 12-letter word worth 16 points in Scrabble and 17 points in Words with Friends.
SCRABBLE
WORDS WITH FRIENDS
T1W4O1-0T1I1E1R1B3I1D2
1 + 4 + 1 + 0 + 1 + 1 + 1 + 1 + 0 + 3 + 1 + 2 =16 PTS
DOUBLE WORD → 32TRIPLE WORD → 48
MEANING
What does two-tier bid mean?
NOUN · 1 SENSE
1
A takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares.
BROADER