From Longman Dictionary of Contemporary Englishbidbid1 /bɪd/ ●●○ W3 noun [countable] 1 BBTan offer to pay a particular price 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.2 BBTBan offer to do work or provide services for a specific pricebid for rival bids for the cleaning contract3 TRY 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 marriage4 DGCa statement of how many points you hope to win in a card gameCOLLOCATIONSverbsput 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.
Examples from the Corpusbid• McCormick would not rule out the possibility of making a bid for the business.• A Superior Court and state appeals court rejected her bid for parental rights.• The highest bid for the painting was £400.• Secretary of State Christopher is to join IsraelSyria peace talks today in Maryland in an intensified bid for progress in the negotiations.• If he does not, analysts are already talking about recommending the shares on bid hopes.• A number of companies have submitted bids to buy the supermarket chain.• But it's now facing a hostile takeover bid by a Suffolk based-brewery, Greene King.• That is being provided and I look forward to meeting the bid committee again towards the end of this month.• The bids value Burmine shares at A $ 4. 00 each and Gasgoyne shares at A $ 2. 67 each.bid for• a bid of $300 for the painting• The city accepted the lowest bid for the bridge-building project.• Wilson's successful bid for the senate• Four companies were invited to bid for the contract.a bid to do something• A BID to ease mortgage misery by asking for a bigger share of Government cash has suffered a setback.• Malcolm Dean on the all-out bid to kill off elephantiasis History in the breaking How do you eradicate a disease?• Steve Merritt in an apparent bid to rattle Clinton.• We actively support Manchester's bid to bring the Olympic Games to Britain.• Workers dug beneath the ruins of the building in a desperate bid to reach any survivors trapped inside.• These weaknesses the Doctor ruthlessly exploits in a bid to regain his lock.• Also there, Captain Oates, the man who was to make the ultimate sacrifice in a bid to save his colleagues.• Meanwhile, the National Black Political Convention will be held this summer in a bid to influence the presidential election. 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 Corpusbid• 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 antique mirror, 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 treatment plants.• 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 airplane makers 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 Corpusbid• Phil Gramm of Texas, who lost a presidential primary bid 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.2 (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.3an 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