Bids
/bɪdz/
Definitions
2 meaningsAn offer to pay a particular price for something, especially at an auction.
/bɪdz/
An offer of a price
She placed a bid of $1000 on the painting.
💡 Simply: An offer of a price.
More Examples
The company received several bids for the contract.
How It's Used
"The auctioneer called for bids on the antique chair."
"We submitted our bids for the construction project."
To offer a price, especially at an auction.
/bɪdz/
To offer a price
I bid $50 on the vase.
💡 Simply: To offer to pay a price.
More Examples
They bid aggressively for the property.
How It's Used
"Several people bid on the rare stamp."
"We are bidding for the government contract."
From Old English *biddan, meaning "to pray, ask, offer."
The word "bid" has a long history, tracing back to Old English, where it carried meanings related to prayer and request, eventually evolving to its current financial and competitive connotations.
Memory tip
Think of bidding war - a competition of offers.
Word Origin
"to pray, ask, offer"