Definition, Meaning & Synonyms
bidding
noun
/ˈbɪdɪŋ/
Definition
The act of making an offer, especially in an auction or competitive situation.
Examples
- The bidding for the rare painting reached a staggering amount.
- After several rounds of bidding, the auctioneer finally sold the item.
- Her bidding strategy was well thought out, allowing her to win the auction without overpaying.
Meaning
Bidding refers to the process where participants express their willingness to pay for an item or service, usually reflected in monetary amounts.
Synonyms
- offer
- proposition
- proposal
- tender
