bid

verb | \ ˈbid \

1. : to make a bid : state what one will pay or take in payment

   : to make a bid : state what one will pay or take in payment

noun

1. : the act of one who bids

2. a : a statement of what one will pay for something

   b : a statement of what one (as a contractor) will charge for something (as supplies or labor)

3. : an opportunity to bid