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

双语律师Andrew，欧洲名校国际税法专业，擅长翻译各类与国际税法相关的法律文件。