Meaning of “bid” - Learner’s Dictionary

bid

noun [ C ] uk us /bɪd/
ATTEMPT

an attempt to achieve something:

[ + to do sth ] The council has banned cars from the city centre in a bid to reduce pollution.
BUY

an offer to pay a particular amount of money for something:

I made a bid of $150 for the painting.
WORK

an offer to do work for someone for a particular amount of money:

We put in a bid for the stadium contract.

(Definition of “bid noun” from the Cambridge Learner’s Dictionary © Cambridge University Press)