vendor bid
vendor bid noun: a type of bid at an auction which is made by the auctioneer on behalf of the vendor, without any desire to buy the article. This is used as a tactic to keep the bids moving, or to persuade buyers to pay more, or merely to have a higher price to report if the property is passed in. Such a bid is in essence a fiction; if not clearly announced as such, it approaches the deliberate deception of a dummy bid.
Noun
vendor bid (plural vendor bids)
- A type of bid at an auction which is made by the auctioneer on behalf of the vendor, without any desire to buy the article. This is used as a tactic to keep the bids moving, or to persuade buyers to pay more, or merely to have a higher price to report if the property is passed in. Such a bid is in essence a fiction; if not clearly announced as such, it approaches the deliberate deception of a dummy bid.
Forms of vendor bid
| plural | vendor bids |
|---|
Questions about vendor bid
- What does vendor bid mean?
- Vendor bid means a type of bid at an auction which is made by the auctioneer on behalf of the vendor, without any desire to buy the article. This is used as a tactic to keep the bids moving, or to persuade buyers to pay more, or merely to have a higher price to report if the property is passed in. Such a bid is in essence a fiction; if not clearly announced as such, it approaches the deliberate deception of a dummy bid.
- What part of speech is vendor bid?
- Vendor bid is a noun.
- What is the plural of vendor bid?
- The plural of vendor bid is vendor bids.
Words near vendor bid in the dictionary
Source and license
Adapted from Wiktionary: vendor bid (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “vendor bid.” Word.ws, https://word.ws/vendor_bid. Based on Wiktionary, CC BY-SA 4.0.
