Dummy Bid
noundum·my bidpronounced DUM-ee BID
Last reviewed 16 April 2026
What does the noun Dummy Bid mean?
An illegal fake bid made at auction by the seller, someone connected to the seller, or someone acting on the seller's instructions, intended to create artificial competition and drive up the price. Dummy bids carry significant financial penalties for all parties involved.
How the noun Dummy Bid is used
Dummy bids are illegal in every state and carry heavy fines, so if you suspect fake bidding at an auction, report it to your state's fair trading body.
Synonyms
phantom bid, shill bid
Related words
Cite this entry
MLA citation: "Dummy Bid." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/dummy-bid. Accessed 29 May 2026.
Chicago citation: How to Property. "Dummy Bid." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/dummy-bid.
APA citation: How to Property. (2026, April 16). Dummy Bid. https://howtoproperty.com.au/definitions/dummy-bid