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Meaning of bid down | Babel Free

Verb CEFR B2

Definitions

To lower the price of (something, such as a financial security or a contract) by bidding lower and lower prices.
transitive
To bid by offering low interest rates on a lien, such that the lowest bidder will win.

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

bid fair bid in bid off bid one's time bid up bidded