Legal Definition and Related Resources of By-bidding
Meaning of By-bidding
Bidding on property offered for sale at auction, by or in behalf of the owner, for the mere purpose of raising the price, or inducing others to bid higher. Sometimes called “pufHng.” Bybidding by the owner, or caused by the owner, or ratified by him, has often been held to be a fraud, and avoids the sale. 8 How. (U.S.) 153.
What does By-Bidding mean in American Law?
The definition of By-Bidding in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
Making phony bids at an auction in an attempt to drive up the price, usually as part of a corrupt arrangement with the owner or auctioneer.
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| Resource | Description |
|---|---|
| By-bidding in the Dictionary | By-bidding in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of By-bidding |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | By-bidding in the World Encyclopedia of Law |
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This definition of By-bidding Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..
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| https://legaldictionary.lawin.org/by-bidding/ | The URI of By-bidding (more about URIs) |
Resources
See Also
- Bid
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