BID-UP Definition & Meaning

bid-up

[ bid-uhp ]

Phonetic (Standard)IPA

noun

the act or an instance of increasing the price of something by forcing the bidding upward.
the amount of such increase:
a bid-up of 100 percent in the last year.

bid up

verb

adverb to increase the market price of (a commodity) by making artificial bids

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51�Թ� History and Origins

Origin of bid-up¹

First recorded in 1860–65; noun use of verb phrase bid up

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Idioms and Phrases

Raise a price by raising one's offer, as in We were hoping to get an Oriental rug cheaply, but the dealer kept bidding us up . This phrase is used in business and commerce, particularly at auctions. [Mid-1800s]

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Example Sentences

Examples have not been reviewed.

“The housing market was in a frenzy in the beginning of 2022, with buyers competing for a limited supply of homes and sellers reaping the rewards of bid-up prices,” said Taylor Marr, Redfin’s deputy chief economist.

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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