[bid] 
verb, bade or (Archaic
) bad for 1, 2, 5, 6, 13 or bid for 3, 4, 7, 14, 15; bid⋅den or bid for 1, 2, 5, 6, 13 or bid for 3, 4, 7, 14; bid⋅ding; noun | 1. | to command; order; direct: to bid them depart. |
| 2. | to express (a greeting, farewell, benediction, or wish): to bid good night. |
| 3. | Commerce. to offer (a certain sum) as the price one will pay or charge: They bid $25,000 and got the contract. |
| 4. | Cards. to enter a bid of (a given quantity or suit): to bid two no-trump. |
| 5. | to summon by invitation; invite. |
| 6. | to command; order; direct: I will do as you bid. |
| 7. | to make a bid: She bid at the auction for the old chair. |
| 8. | an act or instance of bidding. |
| 9. | Cards.
|
| 10. | an invitation: a bid to join the club. |
| 11. | an attempt to attain some goal or purpose: a bid for election. |
| 12. | Also called bid price. Stock Exchange. the highest price a prospective buyer is willing to pay for a security at a given moment. |
| 13. | bid fair. fair 1 (def. 30). |
| 14. | bid in, Commerce. to overbid all offers for (property) at an auction in order to retain ownership. |
| 15. | bid up, Commerce. to increase the market price of by increasing bids. |
| Bachelor of Industrial Design. |
| (in prescriptions) twice a day. |
[bahyd] verb, bid⋅ed or bode; bid⋅ed or (Archaic) bid; bid⋅ing.| 1. | Archaic. to endure; bear. |
| 2. | Obsolete. to encounter. |
| 3. | to dwell; abide; wait; remain. |
| 4. | bide one's time, to wait for a favorable opportunity: He wanted to ask for a raise, but bided his time. |
| bid (bĭd) v. bade (bād, bād) or bid, bid·den (bĭd'n) or bid, bid·ding, bids v. tr.
bid inTo outbid on one's own property at an auction in order to raise the final selling price. bid outTo offer (work) for bids from outside contractors. bid upTo cause (a price) to rise by increasing the amount bid: bid up the price of wheat. Idiom(s): bid defianceTo refuse to submit; offer resistance to. Idiom(s): bid fairTo 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 bēodan; see bheudh- in Indo-European roots).] bid'der n. |
Bid
1. An offer made by an investor, a trader or a dealer to buy a security. The bid will stipulate both the price at which the buyer is willing to purchase the security and the quantity to be purchased.
2. The price at which a market maker is willing to buy a security. The market maker will also display an ask price, or the amount and price at which it is willing to sell.
Investopedia Commentary
This is the opposite of the ask, which stipulates the price a seller is willing to accept for a security and the quantity of the security to be sold at that price.
1. An example of a bid in the market would be $23.53 x 1,000, which means that an investor is willing to purchase 1,000 shares at the price of $23.53. If a seller in the market is willing to sell that amount for that price, then the transaction is completed.
2. Market makers are vital to the efficiency and liquidity of the marketplace. By quoting both bid and ask prices on the market, they always allow investors to buy or sell a security if they need to.
Related Links
Stock Basics Tutorial
The Basics Of Order Entry
Understanding Order Execution
See also: Ask, Best Bid, Bid Size, Bid Tick, Bid-Ask Spread, Market Maker, Spread, Touchline, Transaction
b.i.d. abbr.
Latin bis in die (twice a day)
BID
|