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English definition of “bid”


verb [I/T] (OFFER)   /bɪd/ (present participle bidding, past tense and past participle bid)
to offer a particular amount of money for something when competing against other people to buy it: [T] A collector bid $500,000 for the portrait. People who bid for/on a job offer to do it for a particular amount of money. Someone who bids to do something competes with others to do it: [I] Paris is bidding to host the next Olympics.
(Definition of bid verb (OFFER) from the Cambridge Academic Content Dictionary © Cambridge University Press)
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