vendor bid
nounDefinitions
A type of bid at an auction which is made by the auctioneer on behalf of the vendor,…
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.
The neighborhood
Vish — recursive loop
No curated loop yet for vendor bid. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA