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Bid Means Money Eslpod Amount Companies Unfair Influence

Id ESLPod_0576_WE_0826
Episode Id ESLPod 576
Episode Title Using Unfair Influence
Phrase to bid
Text The verb "to bid," in this podcast, means to offer to do something for a particular amount of money when many other people or companies are making similar offers, so that the buyer can decide which bid offers the best quality for the lowest price: "Some companies bid low and then raise their prices after they have been selected for the project." At an auction, "to bid" means to say how much money one will pay for something: "Everyone was surprised when Mr. Hylton bid $100,000 for the painting." Finally, the phrase "to bid against (someone)" means to be in competition with another person to see who will bid the largest amount of money to buy something: "You're bidding against one of the richest women in town. There's no way you'll win."
Topics Business

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