What is an offer of a price, especially at auctions; a statement of a sum which one will give for something to be received, or will take for something to be done or furnished; that which is offered called?

bid — An offer of a price, especially at auctions; a statement of a sum which one will give for something to be received, or will take for something to be done or furnished; that which is offered. (Webster's 1913.)

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