Bid meaning in English
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Definition
a bid, a bidding: an offer, a proposal (of money)
I'm going to make a bid on that painting. I'm going to offer five hundred dollars for it.
to bid: to make an offer, a proposition (of money)
Examples
- "Shall we bid for it?"
- "Bruno : The key to successful bidding is in the timing, Hannah."
- "The bidding for Bümbüm starts at 50k."
- "Giant corporation makes bid to buy weird little juice business"
- "It's a truly marvellous piece, so we shall start the bidding at 6,000 dollars."
Exercise 1
"I am writing to... tender my resignation"
Which of the following are commonly tendered?
There may be more than one correct answer!
Which of the following are commonly tendered?
There may be more than one correct answer!
"I am writing to... tender my resignation"
Which of the following are commonly tendered?
There may be more than one correct answer!
Which of the following are commonly tendered?
There may be more than one correct answer!
This is a correct use of the term "tender". "To tender a bid" is to make an offer or a proposal for something, in this case a contract. In other words, a company wants to be awarded a contract by the government, however there are several groups competing for it. Each company must prepare a "tender" or a "tender offer" which describes how they plan on completing the task.
This is a correct use of the term "tender". In this context, the term is synonymous with "to offer" or "to propose", as it is in Karen Hughes' letter. Other things that can be "tendered": a contract offer, a bid for services or an item, one's resignation.
This is not correct. It's uncommon to use the verb "to tender" in the sense of "offering an object" in everyday English. Also, don't confuse it with the verb "to tenderize" (to make something (like meat) tender), or the adjective "tender".
This is not correct. Although the words of a love letter may (and indeed should) be "tender", we cannot use the verb "to tender" to describe this. A better way to express this might be: She wrote a tender love letter.
Exercise 2
Put words that were used in the audio into the following blanks.
Bruno and Hannah are attending an . This is a public sale where merchandise (often art) is sold for the highest price.
To purchase a painting at these places, one has to for it. This is to offer an amount of money in order to buy it.
Bruno and Hannah are attending an . This is a public sale where merchandise (often art) is sold for the highest price.
To purchase a painting at these places, one has to for it. This is to offer an amount of money in order to buy it.
Put words that were used in the audio into the following blanks.
Bruno and Hannah are attending an auction 1. This is a public sale where merchandise (often art) is sold for the highest price.
To purchase a painting at these places, one has to bid 2 for it. This is to offer an amount of money in order to buy it.
Bruno and Hannah are attending an auction 1. This is a public sale where merchandise (often art) is sold for the highest price.
To purchase a painting at these places, one has to bid 2 for it. This is to offer an amount of money in order to buy it.
1 auction: An "auction" is a public sale where things are sold to the highest price. Common things that are sold at auctions are art and paintings, automobiles, property and furniture. The person who directs an auction is called an auctioneer.
2 bid: The word "bid" has several meanings, but in this context, it refers to offering or proposing money for an item or service. Usually, at an auction, one will "bid" for an item. This involves signalling to the auctioneer that you are offering a sum of money to buy the item for sale. In the audio, Hannah wants to bid for a painting she likes. Note "to bid" is irregular: bid/bid/(have) bid.
Exercise 3
"The bidding for Bümbüm starts at 50k"
In this context, "bidding" is:
In this context, "bidding" is:
"The bidding for Bümbüm starts at 50k"
In this context, "bidding" is:
In this context, "bidding" is:
This is incorrect. The term "bidding" is making an offer, it does not describe a bonus of any kind.
This is incorrect. The term "bidding" is making an offer, it does not describe a commission or percentage.
This is incorrect. The term "bidding" is making an offer, it does not describe a fixed rate that someone is paid.
This is correct. "To bid" is to offer a sum of money that you are prepared to pay to obtain an object or services. This term is often used in auctions. Example: The BIDDING for this ancient Ming vase starts at 1 million dollars OR I BID 50 dollars for an old chair. Steve says, "The bidding for Bümbüm starts at 50k", which implies that companies are willing to compete with each other to secure Bümbüm's services, and 50,000 dollars is the lowest "starting" offer.
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