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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
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Word History and Origins
Origin of bid-up1
First recorded in 1860–65; noun use of verb phrase bid up
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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]
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Example Sentences
Examples have not been reviewed.
“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.
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