Inviting; offering; commanding. To ask; to request; to invite.The bid is the highest price at which someone is willing to buy the security, the ask or offer is the lowest price at which someone is willing to sell it. "Hit the bid" means that a trader sells at the prevailing bid price in a market. The meaning of BID is to offer (a price) whether for payment or acceptance. How to use bid in a sentence. To offer; propose: as, to bid a price at an auction. This means whatever amount you bid, that becomes your immediate offer. Place your lowest bid on an item and add your highest bid. Bidding Kings will bid up to your highest bid.