bid · noun C /bɪd/Full view
bid (ATTEMPT)
C1 an attempt to get or achieve something
Dictionary examples:

He was defeated in his bid for governor.

New York's bid to host the Olympics was not successful.

Learner example:

The state school premises are in derelict condition. Sometimes the students' parents as a group try to raise money in a bid to solve this problem, but their efforts are never enough. (Certificate in Advanced English; C1; Spanish)

bid (OFFER)
C1 an offer to do a job for a particular amount of money when you are competing with other people to do it
Dictionary example:

We put in a bid for the stadium contract.

Learner example:

From the three bids received, it emerges that Kavanagh Catering Services would be able to provide a functional and cheap service, which is considered one of the most important aspects by the students. (Certificate in Advanced English; C1; Italian)

bid (BUY)
C2 an offer to pay a particular amount of money for something
Dictionary example:

I made a bid of $150 for the painting.

bid · verb /bɪd/
bid
C2 to offer to pay an amount of money for something
Dictionary example:

They bid $500 million for the company.

Learner example:

As a Tea Company chairman, he buys his tea in Calcutta or Colombo, and generally bids at the right price. (Certificate of Proficiency in English; C2; Flemish)

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