Bids
/bɪdz/
Definitions
- (n.) Offers or proposals submitted in response to an invitation to provide goods or services under specified terms, often in a competitive bidding process.
The company submitted multiple bids for the government construction project.
- (v.) Third-person singular present tense of bid, meaning to offer a price or proposal in an auction or tender.
She bids on the antique furniture at the auction.
Forms
- bid
- bidding
Related terms
See also
Commentary
'Bids' as a noun commonly refers to multiple proposals; as a verb, it is the third-person singular form of 'bid'. Legal contexts emphasize bidding in procurement and auction settings.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.