The Collaborative International Dictionary of English v.0.48:

Bid \Bid\ (b[i^]d), v. t. [imp. Bade (b[a^]d), Bid, (Obs.)
   Bad; p. p. Bidden, Bid; p. pr. & vb. n. Bidding.]
   [OE. bidden, prop to ask, beg, AS. biddan; akin to OS.
   biddian, Icel. bi[eth]ja, OHG. bittan, G. bitten, to pray,
   ask, request, and E. bead, also perh. to Gr. teiqein to
   persuade, L. fidere to trust, E. faith, and bide. But this
   word was early confused with OE. beden, beoden, AS.
   be['o]dan, to offer, command; akin to Icel. bj[=o][eth]a,
   Goth. biudan (in comp.), OHG. biotan to command, bid, G.
   bieten, D. bieden, to offer, also to Gr. pynqa`nesqai to
   learn by inquiry, Skr. budh to be awake, to heed, present
   OSlav. bud[=e]ti to be awake, E. bode, v. The word now has
   the form of OE. bidden to ask, but the meaning of OE. beden
   to command, except in "to bid beads." [root]30.]
   [1913 Webster]
   1. To make an offer of; to propose. Specifically : To offer
      to pay ( a certain price, as for a thing put up at
      auction), or to take (a certain price, as for work to be
      done under a contract).
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   2. To offer in words; to declare, as a wish, a greeting, a
      threat, or defiance, etc.; as, to bid one welcome; to bid
      good morning, farewell, etc.
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            Neither bid him God speed.            --2. John 10.
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            He bids defiance to the gaping crowd. --Granrille.
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   3. To proclaim; to declare publicly; to make known. [Mostly
      obs.] "Our banns thrice bid !" --Gay.
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   4. To order; to direct; to enjoin; to command.
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            That Power who bids the ocean ebb and flow. --Pope
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            Lord, if it be thou, bid me come unto thee. --Matt.
                                                  xiv. 28
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            I was bid to pick up shells.          --D. Jerrold.
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   5. To invite; to call in; to request to come.
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            As many as ye shall find, bid to the marriage.
                                                  --Matt. xxii.
                                                  9
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   To bid beads, to pray with beads, as the Roman Catholics;
      to distinguish each bead by a prayer. [Obs.]

   To bid defiance to, to defy openly; to brave.

   To bid fair, to offer a good prospect; to make fair
      promise; to seem likely.
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   Syn: To offer; proffer; tender; propose; order; command;
        direct; charge; enjoin.
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The Collaborative International Dictionary of English v.0.48:

Fair \Fair\, adv.
   Clearly; openly; frankly; civilly; honestly; favorably;
   auspiciously; agreeably.
   [1913 Webster]

   Fair and square, justly; honestly; equitably; impartially.
      [Colloq.]

   To bid fair. See under Bid.

   To speak fair, to address with courtesy and frankness.
      [Archaic]
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