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What does DUMMY BID stand for? 

What does DUMMY BID mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: DUMMY BID.

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What does DUMMY BID mean?

dummy bid(Noun)
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.

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