Usually means: Increase price through competitive offers.
Definitions Related words Mentions
We found 10 dictionaries that define the word bid up:

General (9 matching dictionaries)
  1. bid up: Merriam-Webster
  2. bid up: Collins English Dictionary
  3. bid-up: Infoplease Dictionary
  4. bid-up, bid up: Dictionary.com
  5. bid up: TheFreeDictionary.com
  6. bid up: Longman Dictionary of Contemporary English
  7. bid up: Wiktionary

Miscellaneous (1 matching dictionary)
  1. bid up: Idioms

Definitions from Wiktionary (bid up)

verb:  (transitive) To raise the price of (an item at auction) by bidding.

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