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Bid shading

💡 Words with a Similar Meaning to "Bid shading"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
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.
biddingnounThe act of placing a bid.
bid pricenoun(finance) The price offered by a potential buyer when bidding for goods.
bidding pricenoun(finance) A price offered by a buyer/bidder when he or she buys a good.
reserve pricenounThe price set by a seller in an auction, below which the lot or item cannot be sold.
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 bidnounAn offer to buy in an auction for any value up to a specified maximum.
bargainnounAn item purchased for significantly less than the usual, or recommended, price
sealed bidnounA cost estimate, or a proposal to buy something, the value of which is kept secret from competitors until all such bids have been made.
backwardationnounIn full normal backwardation: the situation in a futures market where the price for future delivery of a commodity (the forward price) is lower than the price for immediate delivery (the spot price) or nearer delivery, generally arising from a near-term shortage of the commodity.
commission bidnounA bid at an auction placed by the auctioneer on behalf of a bidder not present in the room up to a pre-agreed maximum.
upbidverbTo bid upward.
auctionnounA public event where goods or property are sold to the highest bidder.
sacrificenoun(figurative) The destruction or surrender of anything for the sake of something else regarded as more urgent or valuable; also, the thing destroyed or surrendered for this purpose.
dutch auctionnounA reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy.
giveaway pricenounA price that is much lower than the value of the goods; a knockdown price.
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.
bid riggingnoun(law) a conspiracy in which two or more competitors agree about who will submit the winning bid when there is a call for bids.
licitationnounauction
price cutnoun(business) A reduction of the price of goods or merchandise to one lower than the usual or advertised price.

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