bidding
noun

the act of making offers to buy, usually at an auction

Usage
the bidding started at £1,000
the first and lowest bid was £1,000
Usage
the bidding stopped at £250,000
the last bid, i.e. the successful bid, was for £250,000
Usage
the auctioneer started the bidding at £100
the auctioneer suggested that the first bid should be £100
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Winner's Curse
take the offer
tendering
portfolio pumping
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