What is Bid ?
Bid is (noun) 1. an offer to buy at an auction His bid for the painting was too low. 2. an attempt to do something she made a bid for power she tried to seize power (verb) 1. to make an offer to buy something at an auction He bid £500 for the car. (NOTE: bidding bid) 2. to wish He bade me farewell. (NOTE: bid or bade has bidden)
source: Easier English, Student Dictionary Upper Intermediate Level