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the act or an instance of increasing the price of something by forcing the bidding upward.
the amount of such increase:
a bid-up of 100 percent in the last year.
to command; order; direct:
to bid them depart.
to express (a greeting, farewell, benediction, or wish):
to bid good night.
Commerce. to offer (a certain sum) as the price one will pay or charge:
They bid $25,000 and got the contract.
Cards. to enter a bid of (a given quantity or suit):
to bid two no-trump.
to summon by invitation; invite.
to command; order; direct:
I will do as you bid.
to make a bid:
She bid at the auction for the old chair.
an act or instance of bidding.
Cards.

an offer to make a specified number of points or to take a specified number of tricks.
the amount of such an offer.
the turn of a person to bid.

an invitation:
a bid to join the club.
an attempt to attain some goal or purpose:
a bid for election.
Also called bid price. Stock Exchange. the highest price a prospective buyer is willing to pay for a security at a given moment.
bid in, Commerce. to overbid all offers for (property) at an auction in order to retain ownership.
bid up, Commerce. to increase the market price of by increasing bids.
bid fair. fair1 (def 29).
Contemporary Examples

Just How Wise is the Sage of Omaha? Megan McArdle December 5, 2012
Tesla’s Rise Forces Other Automakers to Up Their Electric Car Game Daniel Gross September 24, 2013
Will DC Become a World City? Megan McArdle October 1, 2012
Japan’s Fiscal Crossroads: Will Abenomics Mean Tougher Changes? Daniel Gross July 25, 2013
The Geithner Plan Won’t Work James K. Galbraith March 23, 2009

Historical Examples

Pearl-Maiden H. Rider Haggard
Read-Aloud Plays Horace Holley
A Popular Handbook to the National Gallery, Volume I, Foreign Schools Various
Before the Dawn Joseph Alexander Altsheler
Wide Courses James Brendan Connolly

verb
(adverb) to increase the market price of (a commodity) by making artificial bids
verb bids, bidding, bad, bade, (esp for senses 1, 2, 5, 7) bid, bidden, (esp for senses 1, 2, 5, 7) bid
often foll by for or against. to offer (an amount) in attempting to buy something, esp in competition with others as at an auction
(commerce) to respond to an offer by a seller by stating (the more favourable terms) on which one is willing to make a purchase
(transitive) to say (a greeting, blessing, etc): to bid farewell
to order; command: do as you are bid!
(intransitive) usually foll by for. to attempt to attain power, etc
(transitive) to invite; ask kindly: she bade him sit down
(bridge) to declare in the auction before play how many tricks one expects to make
bid defiance, to resist boldly
bid fair, to seem probable
noun

an offer of a specified amount, as at an auction
the price offered

(commerce)

a statement by a buyer, in response to an offer by a seller, of the more favourable terms that would be acceptable
the price or other terms so stated

an attempt, esp an attempt to attain power
(bridge)

the number of tricks a player undertakes to make
a player’s turn to make a bid

short for bid price
v.
Bachelor of Industrial Design
Spanish Banco Interamericano de Desarrollo (Inter-American Development Bank)
buoyancy induced dispersion
Raise a price by raising one’s offer, as in We were hoping to get an Oriental rug cheaply, but the dealer kept bidding us up. This phrase is used in business and commerce, particularly at auctions. [ Mid-1800s ]