BY-BIDDING
\ba͡ɪbˈɪdɪŋ], \baɪbˈɪdɪŋ], \b_aɪ_b_ˈɪ_d_ɪ_ŋ]\
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In the law relating to sales by auction, this term is equivalent to "puffing." The practice consists in making fictitious bids for the property, under a secret arrangement with the owner or auctioneer, for the purpose of misleading and stimulating other persons who are bidding in good faith.
By Henry Campbell Black
Word of the day
tinctura quininae ammoniata
- A preparation made by dissolving quinin sulphate in alcohol [Br. Ph.].