The difference between Auction and Bid
When used as nouns, auction means a public event where goods or property are sold to the highest bidder, whereas bid means an offer at an auction, or to carry out a piece of work.
When used as verbs, auction means to sell at an auction, whereas bid means to issue a command.
check bellow for the other definitions of Auction and Bid
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Auction as a noun:
A public event where goods or property are sold to the highest bidder.
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Auction as a verb:
To sell at an auction.
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Bid as a verb (transitive):
To issue a command; to tell.
Examples:
"He bade me come in."
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Bid as a verb (transitive):
To invite; to summon.
Examples:
"She was bidden to the wedding."
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Bid as a verb (transitive):
To utter a greeting or salutation.
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Bid as a verb (intransitive):
To make an offer to pay or accept a certain price.
Examples:
"Have you ever bid in an auction?"
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Bid as a verb (transitive):
To offer as a price.
Examples:
"She bid £2000 for the Persian carpet."
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Bid as a verb (intransitive):
To make an attempt.
Examples:
"He was bidding for the chance to coach his team to victory once again."
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Bid as a verb (ambitransitive, card games):
To announce (one's goal), before starting play.
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Bid as a verb (obsolete):
To proclaim (a bede, prayer); to pray.
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Bid as a noun:
An offer at an auction, or to carry out a piece of work.
Examples:
"His bid was $35,000."
"a bid for a lucrative transport contract"
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Bid as a noun ([[ultimate frisbee]]):
A (failed) attempt to receive or intercept a pass.
Examples:
"Nice bid!"
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Bid as a noun:
An attempt, effort, or pursuit (of a goal).
Examples:
"Their efforts represented a sincere bid for success."
"She put in her bid for the presidency."
"He put in his bid for office."