bidding

bidding
bid bid 2 verb bid PTandPP bidding PRESPART [intransitive, transitive]
1. FINANCE to offer to pay a particular price for something such as goods, property, or bonds:
bid (something) for something

• He bid £69,000 at Sotheby's for an 18th century wine glass.

2. FINANCE to offer to buy a large number of shares in a company and so take over the company:
bid (something) for something

• The company is bidding 910p a share for control of AB Ports, in a deal worth an estimated £2.8 billion.

3. COMMERCE to offer to do work or provide services for a fixed price, in competition with others:
bid (something) for something

• Investors have bid a record amount of cash for Venezuela's oil operating licences.

• The government has invited companies to bid for gas exploration rights in the west of the country.

— bidder noun [countable] :

• bidders for the franchises

— bidding noun [uncountable] :

• The painting made $14 million in frenzied bidding at Christie's.

bid something → up phrasal verb [transitive] FINANCE
if people bid up a price, they cause it to increase because of the competition between them in bidding:

• Investors have bid up the company's shares about 25%, despite disappointing operating results.

* * *

bidding UK US /ˈbɪdɪŋ/ noun [U]
COMMERCE the action of offering to buy something for a particular amount of money, especially at an auction (= public sale): »

For the first half hour of the auction the bidding was slow and cautious.

»

He opened the bidding at £2,000.

»

online/internet bidding


Financial and business terms. 2012.

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Look at other dictionaries:

  • Bidding — is an offer (often competitive) of setting a price one is willing to pay for something. A price offer is called a bid . The term may be used in context of auctions, stock exchange or card games. Bidding up means rising a price for an item by a… …   Wikipedia

  • Bidding — Bid ding, n. 1. Command; order; a proclamation or notifying. Do thou thy master s bidding. Shak. [1913 Webster] 2. The act or process of making bids; an offer; a proposal of a price, as at an auction. [1913 Webster] …   The Collaborative International Dictionary of English

  • bidding — [n1] command behest, call, charge, demand, dictate, direction, injunction, instruction, invitation, mandate, order, request, summons, word; concept 53 Ant. answer bidding [n2] offering of money, services advance, auction, invitation, offer,… …   New thesaurus

  • bidding — [bid′iŋ] n. 1. a command or request 2. an invitation or summons 3. the bids or the making of bids in a card game or auction do the bidding of to be obedient to; carry out the orders of …   English World dictionary

  • bidding — index demand, directive, guidance, injunction, instruction (direction), invitation, monition (legal summons) …   Law dictionary

  • bidding — behest, *command, order, injunction, mandate, dictate Analogous words: direction, instruction (see corresponding verbs at COMMAND): summoning or summons, calling or call, citing or citation (see corresponding verbs at SUMMON) …   New Dictionary of Synonyms

  • bidding — n. offering of bids 1) to open the bidding 2) competitive; spirited bidding request 3) to do smb. s bidding 4) at smb. s bidding * * * [ bɪdɪŋ] spirited bidding [ offering of bids ] to open the bidding [ request ] to do smb. s bidding at smb. s… …   Combinatory dictionary

  • bidding — /bid ing/, n. 1. command; summons; invitation: I went there at his bidding. 2. bids collectively, or a period during which bids are made or received: The bidding began furiously. 3. a bid. 4. do someone s bidding, to submit to someone s orders;… …   Universalium

  • bidding — [[t]bɪ̱dɪŋ[/t]] 1) PHRASE If you do something at someone s bidding, you do it because they have asked you to do it. [FORMAL] The Prime Minister was right to reject him, even though it was only at the bidding of his backbenchers. 2) PHRASE: V… …   English dictionary

  • bidding — noun (U) 1 the activity of bidding (bid1 (1)) for goods, especially in an auction 1: The bidding was brisk and sales went well. 2 at sb s bidding formal because someone has told you to 3 do sb s bidding formal to obey someone s requests or orders …   Longman dictionary of contemporary English

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