1. the act of bidding or making an offer before a formal auction or sale process begins
Usage: commonly used in real estate and auction contexts

1. to bid or make an offer in advance of a scheduled auction or formal bidding period
Usage: present participle of 'prebid'

Examples

• The auction house allowed prebidding for two weeks before the live event.
• Collectors were prebidding on the rare artwork online.
• Prebidding helped establish initial price expectations for the property.
• She started prebidding on the antique furniture as soon as the catalog was released.
• The real estate agent encouraged prebidding to gauge market interest.