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Where can I find a glossary of Social Security terms?

The Social Security Administration has an online glossary of some common Social Security terms and their definitions.


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   Competitive Bid

The term "competitive bid" refers to the price and terms submitted in a sealed bid to an issuer by an underwriter. The issuer will award the contract to the underwriting syndicate who bids the best price or most advantageous terms. The competitive bid process is mostly used by municipalities, utilities, and railroads.
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