Source Word
vendor bid
Noun
(finance)
A
type
of
bid
at
an
auction
which
is
made
by
the
auctioneer
on
behalf
of
the
vendor,
without
any
desire
to
buy
the
article.
This
is
used
as
a
tactic
to
keep
the
bids
moving,
or
to
persuade
buyers
to
pay
more,
or
merely
to
have
a
higher
price
to
report
if
the
property
is
passed
in.
Such
a
bid
is
in
essence
a
fiction;
if
not
clearly
announced
as
such,
it
approaches
the
deliberate
deception
of
a
dummy
bid.
Japanese Meaning
オークションにおいて、売主の代理で（実際に購入する意図なく）行われる入札行為。これは、入札を活発に進めたり、入札者により高額を提示させるため、または最低落札額として報告する目的で用いられる策略であり、実質的には虚偽の入札、つまり形式上のダミー入札と見なせる。
Sense（1）
(finance)
A
type
of
bid
at
an
auction
which
is
made
by
the
auctioneer
on
behalf
of
the
vendor,
without
any
desire
to
buy
the
article.
This
is
used
as
a
tactic
to
keep
the
bids
moving,
or
to
persuade
buyers
to
pay
more,
or
merely
to
have
a
higher
price
to
report
if
the
property
is
passed
in.
Such
a
bid
is
in
essence
a
fiction;
if
not
clearly
announced
as
such,
it
approaches
the
deliberate
deception
of
a
dummy
bid.
（ plural ）
