As a noun:
* The construction company submitted a bid for the new bridge project.
* The auctioneer called for bids on the antique vase.
* She made a bid of $100,000 for the house.
* The company's stock bid was successful.
As a verb:
* She bid farewell to her friends before leaving.
* They bid on the property but were outbid by another party.
* He bid goodnight to his wife and went to bed.
* The team bid for the chance to host the next Olympics.
As an idiom:
* They bid him goodbye. (This is a formal way to say they said goodbye to him.)
* The company is bidding for a new contract. (This means they are trying to win the contract.)
As you can see, "bid" can be used in a variety of ways. The specific meaning will depend on the context of the sentence.