bid shading
In an auction, the practice of bidding less than what one believes the goods are worthIn an auction, the practice of bidding less than what one believes the goods are worth.
Meaning
1 senses(uncountable)In an auction, the practice of bidding less than what one believes the goods are worth.
Word family
1 related wordsRelatedwinner's curse
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable