Definition of 'Any-and-All Bid'
A bid made to purchase all stock being offered at a specific price. Add-and all bid is the actual order given for the purchase of shares at the price.
Investopedia explains 'Any-and-All Bid'
Any and all bids are commonly used by companies attempting takeovers. The acquiring company will place an order to buy any stock being offered for a set duration or up to a set quantity.
For example, if company A wanted to acquire 50% of company B's stock, they may place an any and all bid for $10. This would result in company A buying any shares being offered on public exchanges for $10 or less.