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Longman Dictionary of Contemporary English
bidding
noun
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
competitive
▪ No prices are written down and there is no competitive bidding.
▪ The agreement was cancelled because it should have been put out to competitive bidding.
▪ Its new approach of competitive bidding has already galvanized towns and cities into bringing forward imaginative proposals for regeneration.
▪ We will continue to extend City Challenge and allocate a greater proportion of resources by competitive bidding.
▪ But there is scope for competitive bidding in less ambitious projects.
▪ Those factors give them a competitive advantage in bidding on contracts.
▪ New York publishers echo accusations of a conflict of interest in the choice of Knopf without prior competitive bidding.
■ VERB
need
▪ Benjamin and I needed no second bidding.
EXAMPLES FROM OTHER ENTRIES
▪ The contract will be renewed with no bidding.
EXAMPLES FROM CORPUS
▪ Had he grown to think she would meekly do his bidding?
▪ If he commanded then people jumped to do his bidding.
▪ The bidding continued and Kilpatrick stayed with it, raising it to £7,000 and later to £8,000.
▪ This is also tied up with the new contract bidding system, about which you may have read in the press.
▪ We had our limit and the bidding was going up and up.
▪ We will continue to extend City Challenge and allocate a greater proportion of resources by competitive bidding.
The Collaborative International Dictionary
Bidding

Bid \Bid\ (b[i^]d), v. t. [imp. Bade (b[a^]d), Bid, (Obs.) Bad; p. p. Bidden, Bid; p. pr. & vb. n. Bidding.] [OE. bidden, prop to ask, beg, AS. biddan; akin to OS. biddian, Icel. bi[eth]ja, OHG. bittan, G. bitten, to pray, ask, request, and E. bead, also perh. to Gr. teiqein to persuade, L. fidere to trust, E. faith, and bide. But this word was early confused with OE. beden, beoden, AS. be['o]dan, to offer, command; akin to Icel. bj[=o][eth]a, Goth. biudan (in comp.), OHG. biotan to command, bid, G. bieten, D. bieden, to offer, also to Gr. pynqa`nesqai to learn by inquiry, Skr. budh to be awake, to heed, present OSlav. bud[=e]ti to be awake, E. bode, v. The word now has the form of OE. bidden to ask, but the meaning of OE. beden to command, except in ``to bid beads.'' [root]30.]

  1. To make an offer of; to propose. Specifically : To offer to pay ( a certain price, as for a thing put up at auction), or to take (a certain price, as for work to be done under a contract).

  2. To offer in words; to declare, as a wish, a greeting, a threat, or defiance, etc.; as, to bid one welcome; to bid good morning, farewell, etc.

    Neither bid him God speed.
    --2. John 10.

    He bids defiance to the gaping crowd.
    --Granrille.

  3. To proclaim; to declare publicly; to make known. [Mostly obs.] ``Our banns thrice bid !''
    --Gay.

  4. To order; to direct; to enjoin; to command.

    That Power who bids the ocean ebb and flow.
    --Pope

    Lord, if it be thou, bid me come unto thee.
    --Matt. xiv. 28

    I was bid to pick up shells.
    --D. Jerrold.

  5. To invite; to call in; to request to come.

    As many as ye shall find, bid to the marriage.
    --Matt. xxii. 9

    To bid beads, to pray with beads, as the Roman Catholics; to distinguish each bead by a prayer. [Obs.]

    To bid defiance to, to defy openly; to brave.

    To bid fair, to offer a good prospect; to make fair promise; to seem likely.

    Syn: To offer; proffer; tender; propose; order; command; direct; charge; enjoin.

Bidding

Bidding \Bid"ding\, n.

  1. Command; order; a proclamation or notifying. ``Do thou thy master's bidding.''
    --Shak.

  2. The act or process of making bids; an offer; a proposal of a price, as at an auction.

Wiktionary
bidding

n. 1 That which one is bidden to do; a command. 2 The act of placing a bid. vb. (present participle of bid English)

WordNet
bid
  1. n. an authoritative direction or instruction to do something [syn: command, bidding, dictation]

  2. an attempt to get something; "they made a futile play for power"; "he made a bid to gain attention" [syn: play]

  3. a formal proposal to buy at a specified price [syn: tender]

  4. (bridge) the number of tricks a bridge player is willing to contract to make [syn: bidding]

  5. [also: bidding, bidden, bade]

bidding

See bid

bid
  1. v. propose a payment; "The Swiss dealer offered $2 million for the painting" [syn: offer, tender]

  2. invoke upon; "wish you a nice evening"; "bid farewell" [syn: wish]

  3. ask for or request earnestly; "The prophet bid all people to become good persons" [syn: beseech, entreat, adjure, press, conjure]

  4. make a demand, as for a card or a suit or a show of hands; "He called his trump" [syn: call]

  5. make a serious effort to attain something; "His campaign bid for the attention of the poor population"

  6. ask someone in a friendly way to do something [syn: invite]

  7. [also: bidding, bidden, bade]

Wikipedia
Bidding

Bidding is an offer (often competitive) of setting a price one is willing to pay for something or a demand that something be done. A price offer is called a bid. The term may be used in context of auctions, stock exchange, card games, or real estate. Bidding is used by various economic niche for determining the demand and hence the value of the article or property, in today's world of advance technology, Internet is one of the most favourite platforms for providing bidding facilities, it is the most natural way of determining the price of a commodity in a free market economy.

Biddings are arranged by first disclosinInternet the time frame for posting the bids may be a topic of interest.

Many similar terms that may use or may not use the similar concept have been evolved in the recent past in connection to bidding, such as reverse auction, social bidding, or many other game class ideas that promote them self as bidding. Bidding is also sometimes used as ethical gambling in which the prize money is not determined solely by luck but also by the total demand that the prize has attracted towards itself.

Bidding perform in two ways on online. One is Unique Bidding and another one is Dynamic Bidding.

Unique Bidding: In this bidding users bid for the product, in that bids which one is unique that user will get the product. For Example If A,B,C,D,E users are there who are bidding for the same product. A bid for $5 and B also bid for $5, C and D bid for $2 and E bid for $3 then E got the product, because his bid is unique in those 5 bids.

Dynamic Bidding: Dynamic Bidding is type of bidding where one user can set his bid for the product. At this time if the user present or not for bidding, automatically the bidding will perform up to his defined amount. After reaching his bid value the bidding stops from his side.

Timed Bidding

What is timed bidding?

Timed bidding auctions allows users to bid at any time during a defined time period, simply by entering a maximum bid. Timed auctions take place without an auctioneer calling the sale so bidders don’t have to wait for a lot to be called. This means that a bidder doesn't have to keep your eye on a live auction at a specific time.

How does timed bidding work?

By entering a maximum bid a user is indicating the highest they’re willing to pay for a lot. An automated bidding service will bid on their behalf to ensure that they meet the reserve price or that they always stay in the lead, up to your maximum bid. If someone else has placed a bid that is higher than the maximum bid, the bidder will be notified, allowing them to change the maximum bid and stay in the auction. At the end of the auction, whoever’s maximum bid is the most wins the lot.

How is it different to live bidding?

Live bidding is a traditional room-based auction. These can be broadcast via a website where you can hear live audio and see live video feeds. The idea is that a bidder places their bid over the Internet in real-time. Effectively it’s like being at a real auction, in the comfort of the home. Timed bidding on the other hand is a separate auction all together, which allows bidders to participate without the need to see or hear the live event. It’s another way of bidding, that is more convenient to the bidder.

Bidding off the wall

Bidding off the wall or taking bids from the chandelier, as it is sometime known, is where the auctioneer bids on behalf of the vendor.

This is allowed by law in some countries and states and the auctioneer is allowed to bid on behalf of the vendor up to, but not including the reserve price or beyond it. In some cases, this may be extremely helpful for bidders because the reserve needs to be met.

For an example in a property auction supposing the property is coming up for auction and there’s only one person interested in bidding for it in the room. The reserve has been set at #100,000 and this bidder is happy to buy it at #120,000. The bidding starts #80,000 and without the auctioneer bidding on behalf of the vendor, it would never progress beyond that amount. However, because the auctioneer will take bids or generate bids of #85,000, the bidder then goes #90,000 etc. It can end up where the bidder, if he wants to, can bid 100,000 pounds and secure the property on the reserve price.

The result is that the vendor sold the property at reserve and the purchaser has bought the property on the reserve price at less than he was prepared to pay. Without the auctioneer taking bids off the wall, this would never have happened.

All professional auctioneers do it with all types of auction including motor vehicles. As long as they're pushing it up towards the reserve price then its not an issue. If you don't want to bid at the price the auctioneer is asking then don't bid.

If the goods don't meet the reserve and no-one but you wants to buy, then if the auctioneer didn't bid off the wall to meet the required price, the goods wouldn't be sold anyway.

Usage examples of "bidding".

As I was bidding him adieu, he gave me an order on his house at Naples for a barrel of muscatel wine, and he presented me with a splendid box containing twelve razors with silver handles, manufactured in the Tour-du-Grec.

It would take a united High Councilwhich should happen when the Thun raiders become agriculturalists and poets, and not beforeor a large number of Black Robes agreeing to do his bidding.

There every one shook hands with him, bidding him at once God-speed and farewell, while the soldiers lined the ramparts, and as he emerged from the gates saluted him with a rousing British cheer.

Bidding farewell to the kindly shepherd I began to go down the hill mechanically, and I am still puzzled to know what instinct directed my steps towards that house, which common sense and fear also should have made me shun.

They ran to do his bidding, and were joined by Tor Bolson and Erl Fostison, all glad of something practical to do to break the awful tension of the waiting and the news.

Godfrey led us to the table with the bridecakes upon it, Caro on one side and myself on the other, bidding us kiss over it.

As soon as she came to sleep with me I gently remonstrated with her, bidding her to do her duty better for the future.

Moreover, from the year 1590 and onward the chapels of Crea were begun, and of these, by advice of Monsignor Tullio del Carretto, Bishop of Casale, at the bidding of Michel Angelo da Liverno, who was Vicar of Crea, Tabachetti designed not fifteen but forty, and found himself at the head of the direction of the great work that was then engaging the attention of the foremost Italian artists of the day.

I was tired of being cheated, and I took hold of my pistols and pointed them at him, bidding him be gone instantly.

If Crim and Zamofir had found her, then others would, and that horned bastard would never stop, never, until he killed her and maybe saved the baby to raise, to try again with a Storm Princess raised from me cradle to do his bidding.

I told her, before bidding her adieu, that, her virginity being no longer necessary for my magic operations, I advised her to get married as soon as possible, if I did not return within three months.

I thought he would kill himself, and I promised to be in the garden on the night he appointed, but I only went there with the intention of bidding him begone, and he did so, but after he had carried his evil designs into effect.

In bidding him farewell I put a louis on the table, and though I did it with the utmost delicacy he ran after me and made me take it back.

When she kissed her sister I asked if she would not give me a kiss too, and after some jesting Augusta changed the joke into earnest by bidding her come to bed beside me, without taking the trouble to ask my leave, so sure did she feel of my consent.

But Dryas rising and bidding him strike up a Dionysiac, or Bacchus, fell to dance before them the Epilemion, the dance of the Wine-presse.