bid up
Drive price higher
To bid up is to raise the price of something through competitive bidding.
At auctions, eager buyers bid up items beyond their estimated value.
The phrase extends to any situation where competition inflates prices: Speculators bid up housing prices during the boom.
The past tense is bid up, not bidded up.
Flat-bladed water tool
- auctioneerConducts public sales
- reserve priceMinimum acceptable bid
- hammerTool for striking nails
- gavelSmall ceremonial hammer
lot · going once · live auction · reserve · catalogue · estate sale · antiques · collectibles
Rising cost of goods
- escalateIncrease in severity
- surgeSudden powerful increase
- inflateFill with gas
- hikeExtended walk outdoors
rising costs · cost of living · hyperinflation · purchasing power · devaluation · overheated · market bubble · runaway prices
Deficient supply of necessities
- rareSeldom found or seen
- demandForceful request or requirement
- exclusiveLimited to one group
- sought-afterMuch wanted by many
competition · multiple offers · desirable · coveted · waitlist · allocation · rationing · undersupply
Those who commit capital
- bullishExpecting market gains
- tradingExchanging for value
- market bubbleUnsustainable price inflation
- stocksOwnership stakes or inventory
securities · shares · portfolio · capital · equity · speculation · brokerage · asset
paddle
Flat-bladed water tool
- auctioneerConducts public sales
- reserve priceMinimum acceptable bid
- hammerTool for striking nails
gavel · lot · going once · live auction · reserve · catalogue · estate sale · antiques · collectibles · artwork
price increase
Rising cost of goods
hike · rising costs · cost of living · hyperinflation · purchasing power · devaluation · overheated · market bubble · runaway prices
shortage
Deficient supply of necessities
sought-after · competition · multiple offers · desirable · coveted · waitlist · allocation · rationing · undersupply · bottleneck
investors
Those who commit capital
- bullishExpecting market gains
- tradingExchanging for value
- market bubbleUnsustainable price inflation
stocks · securities · shares · portfolio · capital · equity · speculation · brokerage · asset · commodities