bid


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bid

n. an offer to purchase with a specific price stated. It includes offers during an auction in which people compete by raising the bid until there is no more bidding, or contractors offer to contract to build a project or sell goods or services at a given price, with usually the lowest bidder getting the job. (See: contract)

bid

noun advance, approach, estimate, licitatio, offer, offered price, overture, presentation, price, proffer, proposal, proposition, quotation, quoted price, submission, tender
Associated concepts: auction sale, bid bond, bid in, bid off, bidder, competitive bidding, proposal, upset bid, with reserve, without reserve
See also: appeal, application, assign, call, command, detail, dictate, direct, endeavor, enforce, enjoin, impose, insist, instruct, invitation, invoke, mandate, offer, order, overture, petition, pray, prescribe, proffer, propose, proposition, request, summon, summons, writ

BID, contracts. A bid is an offer to pay a specified price for an article about to be sold at auction. The bidder has a right to withdraw his bid at any time before it is accepted, which acceptance is generally manifested by knocking down the hammer. 3 T. R. 148; Hardin's Rep. 181; Sugd. Vend. 29; Babington on Auct. 30, 42; or the bid may be withdrawn by implication. 6 Penn. St. R. 486; 8, Id. 408. Vide 0@ffer.

References in classic literature ?
She hears him coming and hides, sees him put the potions into two cups of wine and bid the the timid little servant, "Bear them to the captives in their cells, and tell them I shall come anon.
Tom and me was to sleep in the same room and bed; so, being tired, we bid good-night and went up to bed right after supper, and clumb out of the window and down the lightning-rod, and shoved for the town; for I didn't believe anybody was going to give the king and the duke a hint, and so if I didn't hurry up and give them one they'd get into trouble sure.
He had a very fine flock, and, while she was with them, he had been bid more for his wool than any body in the country.
Margaret, the other sister, was a good-humored, well-disposed girl; but as she had already imbibed a good deal of Marianne's romance, without having much of her sense, she did not, at thirteen, bid fair to equal her sisters at a more advanced period of life.
Red rises the moon o'er the plain, red sinks the sun in the west, Look, wizards, and bid them farewell
Achilles, loved of heaven, you bid me tell you about the anger of King Apollo, I will therefore do so; but consider first and swear that you will stand by me heartily in word and deed, for I know that I shall offend one who rules the Argives with might, to whom all the Achaeans are in subjection.
I felt thunderstruck that she should so express herself, that she should assert such a right over me, that she should assume such authority and say outright: "Either you kill whom I bid you, or I will have nothing more to do with you.
I must do everything you bid me,' said the little man.
Nay, give me thy tool as I bid thee, for I would carry it as a penance to my pride.
He was a diffident though distinguished nurseryman, and feared that the audience might regard his bid as a foolish one.
He did bid, but in a manner that conveyed no sense of bidding.
But if you will, stay here; and we will go to our father's house and tell Metaneira, our deep-bosomed mother, all this matter fully, that she may bid you rather come to our home than search after the houses of others.