Auction offer - NYT Mini Crossword Clue Answer

Looking for the answer to "Auction offer" from March 22, 2025 NYT Mini crossword? The 3-letter answer is: BID.

Why is BID the Answer?

The answer BID is perfect for this clue because:

• A bid is the fundamental action in any auction - it's an offer to purchase something for a specific price
• In auction settings, participants make bids to compete for items
• The term is concise and precisely describes what an auction participant offers

About Auction Bidding

In auctions, bidding follows specific patterns:

• Participants make monetary offers (bids) for items being auctioned
• Each bid typically must be higher than the previous one
• The highest bidder at the auction's conclusion wins the right to purchase the item
• Different auction formats may have varying rules for how bids are submitted and processed