bidbid1 /bɪd/ ●●○W3 noun [countable] 🔊 🔊 1BBTan offer to pay a particularprice for something, especially at an auctionbid for 🔊 They put in a bid for the house. 🔊 the person who places the highest bid 🔊 We’ve made a bid of nearly £400 million for the company. 🔊 A takeover bid for the airline was launched today.2BBTBan offer to do work or provideservices for a specific pricebid for 🔊 rival bids for the cleaning contract3TRY TO DO OR GET somethingan attempt to achieve or obtain somethingbid for 🔊 a bid for powera bid to do something 🔊 a desperate bid to free herself from a loveless marriage4DGCa statement of how many points you hope to win in a cardgameCOLLOCATIONSverbsput in a bidA big property developer has put in a bid for the land.place a bidThe gallery placed the highest bid of $2.5 million.make a bidParamount made a bid for the film rights to the book.accept a bidThe auctioneer may refuse to accept any bid below a certain price.ADJECTIVES/NOUN + bid a high/low bidThere were several high bids for the painting.an opening bid (=the first bid)The opening bid was only $10.a final bidThe unknown man was successful with a final bid of £9,500.a takeover bid (=an offer to buy another company)Staff are afraid that the takeover bid will threaten some of their jobs.a hostile bid (=an offer to buy another company that does not want to be bought)Airtours launched a £221m hostile bid for Owners Abroad.
bidbid2 ●●○ verb (past tense and past participle bid, present participle bidding) 🔊 🔊 1[intransitive, transitive]BBT to offer to pay a particular price for goods, especially in an auctionbid (somebody) something for something 🔊 She bid £100 for a Victorian chair. 🔊 What am I bid for lot 227? Shall we start at $500?bid against 🔊 The two men ended up bidding against each other at the auction.2[intransitive]BBTB to offer to do work or provide services for a specific price, in competition with other offersbid for 🔊 Three firms bid for the contract on the new buildings.3[intransitive, transitive]DGG to say how many points you think you will win in a game of cards→ See Verb table
Examples from the Corpus
bid• Lawrence was saying that Man City have bid 1.5 million, but he has recommended that the offer is rejected.• Baxley International said Friday that it bid $11 million in cash and stock to acquire the Los Angeles-based company.• At the auction, I bid £50 for a small antiquemirror, but it ended up selling for over £200.• San Diego is asking private companies to bid against city workers to run one of the city's three water treatmentplants.• Competition between the two companies bidding for the contract is fierce.• If Richemont should buy out the Philip Morris stake it would trigger an obligation to bid for the rest of the shares.• The airline asked five airplanemakers to bid on an order for $ 1 billion worth of new jets.bidbid3 verb (past tense bade /bæd, beɪd/ or bid, past participle bid or bidden /ˈbɪdn/, present participle bidding) literary 🔊 🔊 1 →bid somebody good afternoon/good morning etc2[transitive]TELL/ORDER somebody TO DO something to order or tell someone what to dobid somebody (to) do something 🔊 The queen bade us enter.→ See Verb table
Examples from the Corpus
bid• Phil Gramm of Texas, who lost a presidential primarybid against Dole.• The airline asked five airplane makers to bid on an order for $ 1 billion worth of new jets.From Longman Business Dictionarybidbid1 /bɪd/ noun [countable]1FINANCECOMMERCEa price offered to buy something such as goods, property, shares, or bondsbids from buyers in the auction roomsBids for the bonds totalled M$2.26 billion.Its shares were quoted yesterday at a bid price of 31 cents a share. →cabinet bid →closed bid →open bid2 (also takeover bid)FINANCE an offer by one company to buy another, or the value of this offerIt made a bid for the company at C$23.50 a share.The football club accepted a £24 million takeover bid from Soccer Investments.Its directors rejected the offer, saying the bid price significantly undervalues the company. →cash bid →conditional bid →counter bid →friendly bid →hostile bid →opposed bid →paper bid3an offer to do work or provide services for a fixed price, in competition with other offersCarlisle invited bids to run the whole hospital.The company did not put in a bid for the contract. →sealed bid →unconditional bidbidbid2 verb (past tense and past participle bid, present participle bidding) [intransitive, transitive]1FINANCEto offer to pay a particular price for something such as goods, property, or bondsbid (something) for somethingHe bid £69,000 at Sotheby’s for an 18th century wine glass.2FINANCE to offer to buy a large number of shares in a company and so take over the companybid (something) for somethingThe company is bidding 910p a share for control of AB Ports, in a deal worth an estimated £2.8 billion.3COMMERCE to offer to do work or provide services for a fixed price, in competition with othersbid (something) for somethingInvestors have bid a record amount of cash for Venezuela’s oil operating licences.The government has invited companies to bid for gas exploration rights in the west of the country. —bidder noun [countable]bidders for the franchises —bidding noun [uncountable]The painting made $14 million in frenzied bidding at Christie’s. →bid something → up→ See Verb table