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The acronym 'bid' is used to denote which of the following?

  1. Build in Design

  2. Twice a day

  3. Bound inward disk

  4. Binary digit

The correct answer is: Twice a day

Bid is an acronym that stands for "buy it now" or "bidding." The other options, A, C, and D are not common uses of the acronym 'bid' and therefore are incorrect. Additionally, A is an incorrect definition of the acronym 'bid,' as it stands for "built in design" not "build in design." C is also incorrect as it is a phrase and not a commonly known use of the acronym 'bid.' D is incorrect as 'bid' does not typically stand for "binary digit."