# bid (offer)

to give an amount for a thing in order to get it

- Computed level: L9 (depth in the emergence graph, not abstraction)
- Status: review  ·  Domain: general  ·  Arena: lexicon

## Emergence
**Emerges from:** [give](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-give.transfer), [amount](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-amount.quantity), [get](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-get.acquisition), [order](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-order.arrangement)

**Through:** give.transfer and amount.quantity combine under a narrow order to propose a price for a thing, enabling acquisition

**Novel properties:**
- proposed exchange rate
- conditional transfer initiation
- valuation as bid

## Examples
- In 2021, SpaceX bid $2.9 billion for a single NASA contract to modify Starship for lunar landing. *(economics)*
- At the 2017 Sotheby's auction, a bidder offered $450.3 million for Leonardo da Vinci's 'Salvator Mundi'. *(institutions)*
- A trader's algorithm sent a bid for 10,000 shares of Tesla at $250.50 on NASDAQ at 9:30 AM on June 10, 2022. *(computing)*

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*Canonical: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-bid.offer*  
*Structured data: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-bid.offer.json*  
*Every definition provably resolves to space, time, energy and pattern.*