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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
Reflecting the increased optimism, investors have bid up stock prices this week.
Sherman’s childhood algebra book from 1829, complete with scribbles, had been bid up to $1,500.
A bundle of his military possessions, including a pistol and daggers, had been bid up to $3,500.
Well-paid tech workers, for example, don’t merely bid up the price of the Seattle area’s already limited housing supply.
Investors sometimes justify lofty valuations given to small companies operating at a loss because of anticipated growth or the expectation that other investors will continue to bid up shares.
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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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