bidding

dollar auction
Dutch auction

Definition

noun
the act of making offers to buy, usually at an auction
Usage
the bidding started at £1,000
the first and lowest bid was £1,000
Usage
the bidding stopped at £250,000
the last bid, i.e. the successful bid, was for £250,000
Usage
the auctioneer started the bidding at £100
the auctioneer suggested that the first bid should be £100

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