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bid

bid

232 2.7
An offer of money to buy something, often at an auction
  • noun
  • /bɪd/
translation icon : oferta
  • They put in the highest bid.
  • submit bids
  • minimum bid
  • winning bid

You still pay the next highest bid plus a little bit.

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Examples

  • At the auction, my highest bid for the painting was $1,500.

  • Pocket Books made a pre-emptive bid, offering an advance of more than $1.

    Academic text (2008)
  • We put a higher bid, but they can pay all cash, so we missed out.

  • Hey, you gonna take my bid or not?

  • Whoever has the highest bid gets those points and those cards go away.

  • We also know you plan to file a formal bid for a majority share.

    Fiction book (1990)
  • Typically, the construction company with the lowest bid that meets the owner's requirements is awarded the highway construction contract.

    Academic text (2012)
  • Here's the next item up for bid, an elegant flat top desk.

  • CAA has made a bid to acquire ICM.

  • Eccentric bald auctioneer: Fantastic, the bid is at 100 million and one dollars.

    Fiction book (1991)

Synonyms

tender
vsbid
  • UK
8 7.2

An official written offer to do work for a set price

is used for offers at auctions or competitions rather than formal procurement
bid price
vsbid
  • Specialized
1 6.2

The amount a buyer is willing to pay for a stock or other investment

is used more broadly for offers to buy items at auctions or competitions
offer price
vsbid
3.5

The price a buyer says they will pay for something like a house

is used at auctions or competitions rather than in negotiation

Compounds

takeover bid
  • Jargon
4 4.2

An offer to buy enough shares in a company to gain control

bid price
  • Specialized
1 6.2

The amount a buyer is willing to pay for a stock or other investment

buyout bid
  • Specialized
1 5.9

An offer to buy all the shares a person or company owns in a business

any-and-all bid
  • Specialized
9.3

An offer to buy all shares that current shareholders want to sell

7.9

An early high bid in bridge to stop opponents from bidding

7.3

An early strong offer to buy something made to stop other bidders

two-tier bid
  • Specialized
8.1

An offer to buy shares that pays more for control shares and less for others

How High

top dollar
  • US
20 5.1
bid
232 2.7
asking price
20 3.4

Surface Forms

bid singular
bids plural

Etymology

Bid (an offer of money) comes from the old verb biddan meaning 'to ask' or 'offer', so a bid at an auction is the money you offer to buy something.