Chandelier Bid A bid that is announced by an auctioneer during an auction that has not been signaled by a participant, but has rather been fabricated by the auctioneer in order to create the appearance of greater demand for the item at auction. Breaking It Down: Chandelier bids are so named because the auctioneer announcing the bids may point to the ceiling or other areas of...
Related to "Chandelier Bid" |
No comments:
Post a Comment