To cause a price to fall by placing bids or offers at progressively lower amounts.
"Competition among suppliers bid the contract price down well below the original estimate."
To cause a price or value to fall by offering competing bids that are progressively lower.
To make the price of something go down by offering lower and lower amounts in a competition.
One main meaning — here's how to use it.
To cause a price to fall by placing bids or offers at progressively lower amounts.
"Competition among suppliers bid the contract price down well below the original estimate."
To bid in a direction that is downward (i.e., lower).
To make the price of something go down by offering lower and lower amounts in a competition.
Used in business, finance, and auction contexts. Often used in the passive: 'prices were bid down'. Opposite of 'bid up'. More common in written financial journalism than in everyday speech.
Natural word combinations native speakers use most often.
The five tense forms you'll use most often.
Listen to native speakers using "bid down" in real YouTube videos — click a clip to watch it on Looplines.
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