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Bid Rigging Definition
Bid ringing is where a person or person(s) assist the auctioneer receive bids from the registered bidders in the audience. They are called Ringmen or Ringperson. Once the ringman receives a bid he or she relays it to the auctioneer by the often heard "Yeap", or other manner.
Added By:
EdensAuctions
Category:
Auctions
Definition List
Bid Paddle Bid Card Bid Bicycles Bible Stands Bid Rigging Bidder Bidet Biedermeier Bilateral Bin
Bid Paddle Bid Card Bid Bicycles Bible Stands Bid Rigging Bidder Bidet Biedermeier Bilateral Bin
Related Terms
Absentee Bid Backup Bidder Bid Bid Card Bid Paddle Bidder Bidet Carbide Disk Cut Bid Jump The Bid
Absentee Bid Backup Bidder Bid Bid Card Bid Paddle Bidder Bidet Carbide Disk Cut Bid Jump The Bid