dumb-bidding definition

  • noun:
    • A form of putting in a bid at auctions, where in actuality the exposer places a reserved quote under a candlestick or any other covering, with no sale is effected unless the putting in a bid comes up to this.
    • A form of bidding at deals, where in fact the exposer puts a reserved quote under a candlestick or any other covering, with no purchase is effected unless the bidding arises to this.
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