Meaning & use

opening bid

noun·Advanced

Last updated

UK/ˈəʊpənɪŋ bɪd/
US/ˈoʊpənɪŋ bɪd/

Meanings

  1. nouncountable

    the first price that someone offers for something, especially at an auction or in a business deal

    Grammar: Countable: an opening bid, the opening bid, opening bids.

    Patterns

    • make an opening bid
    • an opening bid of $100
    • the opening bid for something

    The painting had an opening bid of five thousand dollars.

    She made an opening bid of two million for the company.

    No one topped the opening bid, so the house was sold immediately.

  2. nouncountabletechnical

    in card games such as bridge, the first bid made by a player

    Grammar: Used in card-game contexts: your opening bid, a strong opening bid.

    Patterns

    • make an opening bid
    • a strong opening bid

    His opening bid was one heart.

    She studied her cards carefully before deciding on an opening bid.

Word forms

pluralopening bids

Common combinations

make an opening bid
The dealer invited everyone to make an opening bid.
accept an opening bid
The seller refused to accept the opening bid.
high opening bid
A high opening bid can scare away other buyers.
opening bid of
The auction started with an opening bid of fifty pounds.

Synonyms and how they differ

starting bid
Starting bid is common on websites like eBay and means the same, but it is more informal.
initial offer
Initial offer is used in business talks and can refer to any first offer, not only at auctions.

Opposites

final bidwinning bid

Word family

bid noun
An offer of a particular price.
bidder noun
A person who makes a bid.
bidding noun
The activity of making bids.

Commonly confused: opening bid or opening offer?

opening bid vs opening offer

'Opening offer' is used in negotiations for jobs or contracts, while 'opening bid' is more common at auctions and in card games.

Practice

At the auction, the ___ bid for the antique vase was only twenty pounds.

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