Bid

Part of Speech

Verb, Noun

Pronunciation

/bɪd/

Definitions

1. Verb: To offer a certain price for something, especially in an auction or competitive context.
2. Verb: To make an attempt or effort to achieve something.
3. Noun: An offer of a certain price, typically in an auction or negotiation.
4. Noun: A formal offer of employment or services made to someone.

Usage Examples

• He bid $500 for the antique painting at the auction.
• The company plans to bid for the construction project next year.
• Her bid for the position was successful, and she was hired immediately.
• They bid farewell to their friends before leaving for the trip.

Etymology

The word "bid" comes from the Old English "biddan," meaning "to ask, to request, to offer." Over time, its meaning expanded to include offering a price or attempting something, as seen in modern usage related to auctions and efforts to achieve something.

Synonyms

• Offer
• Proposal
• Tender
• Attempt
• Invite

Antonyms

• Refuse
• Reject
• Decline

Translations

Regional Pronunciation Variations

• In American English, "bid" is pronounced with a short "i" sound: /bɪd/.
• In British English, the pronunciation is similar, though regional accents may affect the vowel sound.

Historical Usage

The word "bid" has been in use since Old English times, where it initially meant "to command" or "to ask." Over time, it expanded in meaning to include offering something in an auction, and more recently, making an attempt at something. The word evolved in parallel with the development of commercial markets and competitive events.

Cultural Nuances

In cultures with a strong focus on competitive markets, such as auction houses or business tenders, bidding plays an important role. In some societies, the concept of bidding also applies to ceremonial events, such as the bidding of farewell or during the act of offering prayers or good wishes.

More Information

Bidding is a widespread practice in various fields, from auctions and tenders to competitive sports and online sales. The verb "bid" is often associated with making an offer for a product or service, while it can also be used metaphorically, as in "bidding for success" or "bidding for a position." The dynamic nature of bidding helps set market prices and facilitates various exchanges of goods and services globally.