shilling

shilling, n. 1. The practice of fraudulently bidding on items at an auction solely to drive up the price. • The seller might collude with another person to bid or might act alone and anonymously. Cf. BIDDING UP; BY-BIDDING. 2. Hist. An English coin equal to 12 pence or 1/20th of a pound. • Shillings […]

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