Bidding (2024)

FAQs

What do you mean by bidding? ›

to offer a particular amount of money for something when competing against other people to buy it: [ T ] A collector bid $500,000 for the portrait. [ I/T ] present participle bidding | past tense and past participle bid. People who bid for/on a job offer to do it for a particular amount of money.

: to do what one is told or ordered to do especially by one in a position of power or authority. He was at the beck and call of powerful interest groups and was always willing to do their bidding.

There are two types of bidding in procurement: open or competitive bidding, and closed (“sealed”) or noncompetitive bidding. Competitive bidding takes place usually through the RFx process, which is detailed below. In contrast, some companies will also use noncompetitive bidding.

Verb I'll bid $100 for the lamp but no higher. He plans to stop bidding if the bids go over $500. She bid for a desk and a chair.

Definition of 'do sb's bidding'

If you say that someone does another person's bidding, you disapprove of the fact that they do exactly what the other person asks them to do, even when they do not want to.

Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding is used to determine the cost or value of something.

Bids allow individuals to purchase goods and services through auctions and other venues. It is a competitive process, wherein two or more entities try to outbid each other by raising the amount they're willing to pay in order to win the asset.

A bid is any attempt from one partner to another for attention, affirmation, affection, or any other positive connection.

When you place a bid on an online auction item, you enter into a legally binding contract to purchase the item from the seller if you are the winning bidder. You are the winning bidder if your bid is the highest bid at Auction Close and your bid is accepted by the seller.

A bid strategy is a plan or approach that determines how much an advertiser is willing to pay for a particular advertising campaign or for individual ad placements. Bid strategies are used in pay-per-click (PPC) advertising, where advertisers pay a fee each time their ad is clicked.

What is the best bidding strategy? ›

Setting individual bids at the keyword level allows for the highest level of control. Ad group level manual bids, in contrast, give the same bid to all the keywords or placements within that ad group. This is usually the best bidding strategy for new advertisers, new accounts, or new campaigns.

The Four Stages of a Bid. All projects pass through four stages: initiation, planning, execution, and closeout, or as I like to refer to them: deciding to bid, planning the bid, preparing the bid, and finalizing and submitting the bid.

Whether a bidder wins the auction or not, it does not seem to depend on any discernable skill and is more like a chance-based gaming. If there is no demonstrable skill in participating and is essentially a chance activity, it is (in essence) a form of gambling.

1. an order; command (often in the phrases do or follow the bidding of, at someone's bidding) 2. an invitation; summons. 3.

Idioms. do someone's bidding, to submit to someone's orders; perform services for someone: After he was promoted to vice president at the bank, he expected everyone around him to do his bidding.

Job bidding is a process where potential employees can submit a proposal for the job they want. The employer then reviews the proposals and decides who to hire.

You do something at someone's bidding if they have asked or told you to do it: At my grandmother's bidding, I wore my best dress. She was here in Venice at his bidding. Was that not enough?