bid off

I can bid off the farm for a small sum additional and make a capital bargain.

Making up bids, for instance, is known as "bidding off the chandelier" from an era when the grand auction rooms were adorned with ornate lighting.

Eight jungle tracks will be bid off, Ronald Egusquiza, the president of the state-run Perupetro, told reporters. '

The fact that six paintings brought no bids at all, although the auctioneer, Mr. Bathurst, called bids from the podium, reflects a practice called "bidding off the chandelier."

If the goods don't meet the reserve and no-one but you wants to buy, then if the auctioneer didn't bid off the wall to meet the required price, the goods wouldn't be sold anyway.

He bought for cash, going into lower New York in search of the cheapest market, frequenting auction sales of merchandise, and often entering into combines with other grocers to bid off large lots, which were afterward divided between them.

Stimulating the Bidding In "bidding off the chandelier," an auctioneer call several apparent bids, although no one in the audience is making a true bid, to try to stimulate bidding and to reach the so-called reserve price, the price below which the painting's owner will not sell the work.