Meaning of dummy bid | Babel Free
Definitions
A bid made at an auction, by a dummy bidder acting in collusion with the auctioneer or vendor, designed to deceive genuine bidders into paying more.
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.