bid down



bid something down

to lower the value of something, such as stock, by offering a lower price for it each time it comes up for sale. We bid the price down and then bought all of it. I could see that the traders were bidding down the price, but I didn't want to take the risk.
See also: bid, down

Common Names:

NameGenderPronouncedUsage
Judocus-Dutch (Archaic), Ancient Celtic (Latinized)
Botum-Khmer
Daud-Indonesian, Arabic
Lucy['lu:si]
ÁRmann-Icelandic
Shira-Hebrew