Wiktionary
n. A price offered by a buyer/bidder when he buys a good.
WordNet
n. (stock market) the price at which a broker is willing to buy a certain security
Wikipedia
A bid price is the highest price that a buyer (i.e., bidder) is willing to pay for a good. It is usually referred to simply as the "bid".
In bid and ask, the bid price stands in contrast to the ask price or "offer", and the difference between the two is called the bid–ask spread.
An unsolicited bid or purchase offer is when a person or company receives a bid even though they are not looking to sell.
Usage examples of "bid price".
Bear in mind that if you put a low-bid price against him, you owe the auctioneer ten percent even if he doesn't sell.
Bear in mind that if you put a low-bid price against him, you owe the auctioneer ten per.
And Fergus Huntly's revised bid price for the seed and fertilizer company got a thumbs up.