💡 Words with a Similar Meaning to "Bid rigging"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| biddingnoun | The act of placing a bid. |
| vendor bidnoun | (finance) 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. |
| commission bidnoun | A bid at an auction placed by the auctioneer on behalf of a bidder not present in the room up to a pre-agreed maximum. |
| sealed bidnoun | A cost estimate, or a proposal to buy something, the value of which is kept secret from competitors until all such bids have been made. |
| upbidverb | To bid upward. |
| counterbidnoun | (business) A bid made in response to a previous bid by another party |
| licitationnoun | auction |
| bid shadingnoun | In an auction, the practice of bidding less than what one believes the goods are worth. |
| price fixingnoun | (law) In antitrust law, collusion between competitors in order to raise prices, at the expense of the consumer. |
| megabidnoun | (informal) A very large bid offered in order to acquire a company. |
| bidding pricenoun | (finance) A price offered by a buyer/bidder when he or she buys a good. |
| auctionnoun | A public event where goods or property are sold to the highest bidder. |
| bargainingnoun | The act of one who bargains. |
| beauty contestnoun | A competition in which participants compete for a determination that one is the most physically attractive. |
| runoutnoun | (cricket) The method of getting out (dismissed from play) in which a batsman, in making a run, has not reached the popping crease when a fielder breaks his wicket with the ball. |
| limit bidnoun | An offer to buy in an auction for any value up to a specified maximum. |
| bid pricenoun | (finance) The price offered by a potential buyer when bidding for goods. |
| winner's cursenoun | (auctions, game theory) The phenomenon whereby the winner of an auction is likely to overpay, since each bid represents a bidder's estimate of the item's value, and one would expect the average bid to be the most accurate. |
| contract awardingnoun | The method used during a procurement in order to evaluate the tender offers taking part and award the relevant contract. |
| bear hugnoun | Any especially large, tight or enthusiastic hug, usually friendly and especially given by a male. |
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