Meaning of “bid sth up” in the English Dictionary


"bid sth up" in Business English

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bid sth up

phrasal verb with bid uk /bɪd/ us verb past tense and past participle bid

if several people bid something up, they cause the price of it to rise by each offering to pay more for it:

Multimillionaires often sit across the table from one another, both wanting the same property, and bidding up prices.

(Definition of “bid sth up” from the Cambridge Business English Dictionary © Cambridge University Press)