What does vendor bid mean?

Definitions for vendor bid
ven·dor bid

This dictionary definitions page includes all the possible meanings, example usage and translations of the word vendor bid.

Wiktionary

  1. vendor bidnoun

    A type of bid at an auction which is made by the auctioneer on behalf of the vendor. 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 (it's not that the vendor wants to buy what he or she is in fact selling). Such a bid is in essence a fiction, but so long as it's clearly announced genuine bidders can know what's going on. When that's not so it approaches the deliberate deception of a dummy bid.

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Numerology

  1. Chaldean Numerology

    The numerical value of vendor bid in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of vendor bid in Pythagorean Numerology is: 3


Translations for vendor bid

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"vendor bid." Definitions.net. STANDS4 LLC, 2024. Web. 2 Mar. 2024. <https://www.definitions.net/definition/vendor+bid>.

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