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bid in

   Also found in: Legal, Financial, Encyclopedia 0.03 sec.
bid  (bd)
v. bade (bd, bd) or bid, bid·den (bdn) or bid, bid·ding, bids
v.tr.
1. To issue a command to; direct.
2. To utter (a greeting or salutation).
3. To invite to attend; summon.
4. past tense and past participle bid Games To state one's intention to take (tricks of a certain number or suit in cards): bid four hearts.
5. past tense and past participle bid To offer or propose (an amount) as a price.
6. past tense and past participle bid To offer (someone) membership, as in a group or club: "glancing around to be sure that he had been bid by a society that he wanted" (Louis Auchincloss).
v.intr.
1. past tense and past participle bid To make an offer to pay or accept a specified price: decided not to bid on the roll-top desk.
2. past tense and past participle bid To seek to win or attain something; strive.
n.
1.
a. An offer or proposal of a price.
b. The amount offered or proposed: They lost the contract because their bid was too high.
2. An invitation, especially one offering membership in a group or club.
3. Games
a. The act of bidding in cards.
b. The number of tricks or points declared.
c. The trump or no-trump declared.
d. The turn of a player to bid.
4. An earnest effort to win or attain something: made a bid for the presidency.
Phrasal Verbs:
bid in
To outbid on one's own property at an auction in order to raise the final selling price.
bid out
To offer (work) for bids from outside contractors.
bid up
To cause (a price) to rise by increasing the amount bid: bid up the price of wheat.
Idioms:
bid defiance
To refuse to submit; offer resistance to.
bid fair
To appear likely.

[Middle English bidden, to ask, command (from Old English biddan; see gwhedh- in Indo-European roots) and Middle English beden, to offer, proclaim (from Old English bodan; see bheudh- in Indo-European roots).]

bidder n.

bid in
vb
(Business / Commerce) (adverb) (in an auction) to outbid all previous offers for (one's own property) to retain ownership or increase the final selling price


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Many lenders start with minimal opening bids, then instruct the trustee to increase their credit bid in the event there are other bidders at the sale.
In that case, you submit your bid in writing in a sealed envelope.
It will go to the Daily Mirror or Sunday Mirror reader who places the lowest unique bid in our auction.
 
 
 
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