单词 | bid |
释义 | bid bid // noun, verb
■ noun [C]
AGREED BID, CLOSED BID, CONDITIONAL TAKEOVER BID, COUNTER-BID, OPEN BID, PAPER BID, SEALED BID, TAKEOVER BID, UNCONDITIONAL TAKEOVER BID
1 (Commerce ; Finance ) an offer to buy sth, especially a company or its shares; the price that is offered: Make a bid in our online auction by clicking the button. A Scandinavian cooperative will launch a $150 million cash bid for the company. The company is likely to become a bid target (= is likely to be bought). the continuing bid battle for P&O Princess The telecoms giant has invited bids for its Internet business. News of the failed bid led to a sharp fall in the company's share price. The group has raised its bid to €3.5 billion. The spokeswoman did not explain the reasons for rejecting the bid.
❖ to accept/launch/make/reject/withdraw a bid ◆ to increase/raise a bid ◆ a failed/rival/successful bid ◆ an all-cash/all-share/a cash/share bid
2 (Commerce ) an offer to do work or provide a service for a particular price, in competition with other companies: The company submitted a bid for the contract to clean the hospital. ◆ (especially AmE) He's putting in a bid on a construction job. SYN TENDER
❖ to make/put in/submit/win a bid
3 [usually sing.] (used especially in newspapers) an attempt to do sth or to get sth: to make a bid for power The government has reduced interest rates in a bid to increase public spending.
■ verb [+ obj or no obj] (bidding, bid, bid)
1 (Commerce ; Finance ) to offer to pay a particular price for sth, especially a company or its shares: The company has said it may bid for South African Breweries. How much did they bid? See note at TENDER
2 (Commerce ) to offer to do work or provide a service for a particular price, in competition with other companies: A French firm will be bidding for the contract. They are bidding to build the refinery. ◆ (especially AmE) We are ready to bid on three contracts. SYN TENDER
PHRASAL VERBS
bid sth up/down to pay or offer more/less money for sth than it is worth at the time, with the result that the price increases/decreases: There are people willing to buy several million shares and bid the price up. Shareholders will bid up a company's shares where the company's earnings are greater than expected. |
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