bid (something) down

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bid (something) down

To decrease the value of something, usually a security, by offering to pay lower and lower prices for it. Only buy that stock if you are able to bid it down first.
See also: bid, down

bid something down

to lower the value of something, such as stock, by offering a lower price for it each time it comes up for sale. We bid the price down and then bought all of it. I could see that the traders were bidding down the price, but I didn't want to take the risk.
See also: bid, down