bid
Definition 1
The highest price any buyer is willing to pay for a given security at a given time; also called bid price. Quoted bid is a maximum price that a market maker will pay for a security.
Definition 2
An offer of a specific amount of money in exchange for products and services, as in an auction.
Definition 3
In some cases, this term also refers to the maximum that an acquiring company is willing to pay for a takeover target.
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Related terms:
best bid, bidding up, spread, quote, raider, inside market, Request For Proposal, Level II quotes, RFP, locked market and 
'bid' appears in these other terms:
noncompetitive bid, hit the bid, bid/ask spread, bid wanted, any-and-all bid, two-tier bid
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