Panic Bidding

What is Panic Bidding?


1.

The act of bidding on an item in an auction setting in desperation or anxiety of weather someone else will purchase the item you have become emotionally engaged in.

Paying too much for an item on ebay because it is rare and the audience is so wide spread you feer someone else will win the item. Other examples include Barrett-Jackson auction and over paying for a classic car because of egos and money. I was panic bidding on the ferrari because it was a great deal and there were too many other bidders and was afraid of being a loser.

See panic, bid, purchase, bidding


46

Random Words:

1. 1. A meeting that's so boring you contemplate jabbing out your eye in order to leave it. 1. Foreground And in this quarter our gro..
1. see Marco Marco is a dick faced loser..
1. an exclamation. Often used in New Jersey but found in regions of Martha's Vinyard, Mass. Believed to have roots in the ancient F..
Book Banner