(Auction) For a seller or their representative to bid on their own item to prevent it selling below the reserve price.
"When the bids failed to reach the reserve, the auctioneer bid in the painting on behalf of the estate."
In an auction: for the seller or their agent to place a bid on their own item in order to prevent it from being sold below a desired price.
When the person selling something at an auction bids on their own item to stop it from selling too cheaply.
One main meaning — here's how to use it.
(Auction) For a seller or their representative to bid on their own item to prevent it selling below the reserve price.
"When the bids failed to reach the reserve, the auctioneer bid in the painting on behalf of the estate."
A technical auction and legal term. This practice is regulated or restricted in many countries. Typically appears in estate sales, property auctions, and art auctions. Rare 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 in" in real YouTube videos — click a clip to watch it on Looplines.
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