What context can I use each word in?
Learn when and how to use these words with these examples!
bid
Example
The company submitted a bid for the construction project. [bid: noun]
Example
He decided to bid on the painting at the auction. [bid: verb]
tender
Example
The government issued a tender for the construction of a new bridge. [tender: noun]
Example
They decided to tender the project to multiple companies. [tender: verb]
Good things to know
Which word is more common?
Bid is more commonly used than tender in everyday language, especially in the context of auctions or competitive bidding. Tender is more commonly used in formal procurement processes or when referring to the party inviting offers or proposals.
What’s the difference in the tone of formality between bid and tender?
Both bid and tender are formal terms used in business or professional contexts. However, tender is generally considered more formal and is commonly used in official documents or formal procurement procedures.
