bidding up

bidding up. The act or practice of raising the price for an auction item by making a series of progressively higher bids. • Bidding up is unlawful if the bids are made collusively by persons with an interest in raising the bids. Cf. BY-BIDDING; SHILLING(1). [Cases: Auctions and Auctioneers

7. C.J.S. Auctions and Auctioneers §§ 2, 8–17.]

---

词条贡献者

法律翻译Jenny，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与重组与破产有关的法律文件。