Definition, Meaning & Synonyms
bidding
noun
/ˈbɪdɪŋ/
Definition
The act of stating a price one is willing to pay for something, especially at an auction.
Examples
- She won the painting at the auction after a heated bidding war.
- His high bidding surprised everyone in the room.
- Online bidding allows many to participate without being physically present.
Meaning
Bidding refers to the process where participants offer amounts of money to purchase goods or services, often in a competitive environment.
Synonyms
- offer
- proposal
- tender
- quotation
