Bidding

n. presentation of a price; command, order

v. congratulate; offer a price; plead; summon, call

Bidding is an offer (often competitive) of setting a price one is willing to pay for something. A price offer is called a bid. The term may be used in context of auctions, stock exchange or card games."Bidding up" means rising a price for an item by a series of rising bids. It may be unlawful, if done by a group of persons with an interest in rising the price. In traditional auctions, bidding up is a natural course of events. Since 1990s, with the emergence of online auctions, reverse auctions gained popularity, in which the traditional roles of buyers and sellers are reversed, and the goal of bidding is to drive the price down, similar to bid shopping practice of selecting a contractor to do a job.
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Noun
1. an authoritative direction or instruction to do something
(synonym) command, bid, dictation
(hypernym) speech act
(hyponym) countermand
(derivation) bid, beseech, entreat, adjure, press, conjure
2. a request to be present; "they came at his bidding"
(synonym) summons
(hypernym) invitation
(derivation) invite, bid
3. (bridge) the number of tricks a bridge player is willing to contract to make
(synonym) bid
(hypernym) statement
(hyponym) contract, declaration
(part-holonym) bridge
(derivation) bid, call
(classification) bridge

Noun
1. an authoritative direction or instruction to do something
(synonym) command, bidding, dictation
(hypernym) speech act
(hyponym) countermand
(derivation) beseech, entreat, adjure, press, conjure
2. an attempt to get something; "they made a futile play for power"; "he made a bid to gain attention"
(synonym) play
(hypernym) attempt, effort, endeavor, endeavour, try
3. a formal proposal to buy at a specified price
(synonym) tender
(hypernym) offer, offering
(hyponym) overbid
4. (bridge) the number of tricks a bridge player is willing to contract to make
(synonym) bidding
(hypernym) statement
(hyponym) contract, declaration
(part-holonym) bridge
(derivation) call
(classification) bridge
Verb
1. propose a payment; "The Swiss dealer offered $2 million for the painting"
(synonym) offer, tender
(hyponym) by-bid
(entail) dicker, bargain
(derivation) tender
(classification) auction, auction sale, vendue
2. invoke upon; "wish you a nice evening"; "bid farewell"
(synonym) wish
(hypernym) greet, recognize, recognise
(hyponym) congratulate, felicitate
3. ask for or request earnestly; "The prophet bid all people to become good persons"
(synonym) beseech, entreat, adjure, press, conjure
(hypernym) plead
(derivation) command, bidding, dictation
4. make a demand, as for a card or a suit or a show of hands; "He called his trump"
(synonym) call
(hypernym) play
(hyponym) raise
(derivation) bidding
(classification) card game, cards
5. make a serious effort to attain something; "His campaign bid for the attention of the poor population"
(hypernym) seek
(derivation) tender
6. ask someone in a friendly way to do something
(synonym) invite
(hypernym) request
(hyponym) tempt, allure
(derivation) bidding, summons

(p. pr. & vb. n.)
of Bid
  

(n.)
The act or process of making bids; an offer; a proposal of a price, as at an auction.
  

(n.)
Command; order; a proclamation or notifying.
  

a pricing method in which selling organisations bid for a buyer's custom; the bid is the seller's price offer.