dummy bid

noun

A bid made at an auction, by a dummy bidder acting in collusion with the auctioneer or vendor, designed to deceive genuine bidders into paying more.

Meanings

noundummy bid (plural dummy bids)

plural dummy bids

  1. businessA bid made at an auction, by a dummy bidder acting in collusion with the auctioneer or vendor, designed to deceive genuine bidders into paying more.
Cite this entry
APA

dummy bid. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/dummy%20bid

MLA

“dummy bid.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/dummy%20bid. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “dummy bid,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/dummy%20bid.

Source: dummy bid on Wiktionary, CC BY-SA 4.0.