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bid-up
[ bid-uhp ]
noun
- the act or an instance of increasing the price of something by forcing the bidding upward.
- the amount of such increase:
a bid-up of 100 percent in the last year.
bid up
verb
- adverb to increase the market price of (a commodity) by making artificial bids
Word History and Origins
Origin of bid-up1
Idioms and Phrases
Raise a price by raising one's offer, as in We were hoping to get an Oriental rug cheaply, but the dealer kept bidding us up . This phrase is used in business and commerce, particularly at auctions. [Mid-1800s]Example Sentences
“The housing market was in a frenzy in the beginning of 2022, with buyers competing for a limited supply of homes and sellers reaping the rewards of bid-up prices,” said Taylor Marr, Redfin’s deputy chief economist.
When there is too much liquid capital moving through the global financial system, speculators start to bid-up the price of various assets, including all the ingredients in bread.
When there is too much liquid capital moving through the global financial system, speculators start to bid-up the price of various assets, including all the ingredients in bread.
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
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