"bid down" meaning in English

{
  "forms": [
    {
      "form": "bids down",
      "tags": [
        "present",
        "singular",
        "third-person"
      ]
    },
    {
      "form": "bidding down",
      "tags": [
        "participle",
        "present"
      ]
    },
    {
      "form": "bid down",
      "tags": [
        "participle",
        "past"
      ]
    },
    {
      "form": "bid down",
      "tags": [
        "past"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {
        "1": "bid<,,bid> down"
      },
      "expansion": "bid down (third-person singular simple present bids down, present participle bidding down, simple past and past participle bid down)",
      "name": "en-verb"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "verb",
  "senses": [
    {
      "categories": [],
      "glosses": [
        "To lower the price of (something, such as a financial security or a contract) by bidding lower and lower prices."
      ],
      "id": "en-bid_down-en-verb-r-MW4kI5",
      "links": [
        [
          "lower",
          "lower"
        ],
        [
          "price",
          "price"
        ],
        [
          "security",
          "security"
        ],
        [
          "contract",
          "contract"
        ]
      ],
      "raw_glosses": [
        "(transitive) To lower the price of (something, such as a financial security or a contract) by bidding lower and lower prices."
      ],
      "tags": [
        "transitive"
      ]
    },
    {
      "categories": [
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Finance",
          "orig": "en:Finance",
          "parents": [
            "Business",
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        },
        {
          "_dis": "5 95",
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w+disamb"
        },
        {
          "_dis": "12 88",
          "kind": "other",
          "name": "English phrasal verbs formed with \"down\"",
          "parents": [],
          "source": "w+disamb"
        },
        {
          "_dis": "7 93",
          "kind": "other",
          "name": "Pages with 1 entry",
          "parents": [],
          "source": "w+disamb"
        },
        {
          "_dis": "6 94",
          "kind": "other",
          "name": "Pages with entries",
          "parents": [],
          "source": "w+disamb"
        }
      ],
      "glosses": [
        "To bid by offering low interest rates on a lien, such that the lowest bidder will win."
      ],
      "id": "en-bid_down-en-verb-VKEAhzOY",
      "links": [
        [
          "finance",
          "finance#Noun"
        ]
      ],
      "raw_glosses": [
        "(finance) To bid by offering low interest rates on a lien, such that the lowest bidder will win."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "bid down"
}

{
  "categories": [
    "English entries with incorrect language header",
    "English lemmas",
    "English multiword terms",
    "English phrasal verbs",
    "English phrasal verbs formed with \"down\"",
    "English verbs",
    "Pages with 1 entry",
    "Pages with entries"
  ],
  "forms": [
    {
      "form": "bids down",
      "tags": [
        "present",
        "singular",
        "third-person"
      ]
    },
    {
      "form": "bidding down",
      "tags": [
        "participle",
        "present"
      ]
    },
    {
      "form": "bid down",
      "tags": [
        "participle",
        "past"
      ]
    },
    {
      "form": "bid down",
      "tags": [
        "past"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {
        "1": "bid<,,bid> down"
      },
      "expansion": "bid down (third-person singular simple present bids down, present participle bidding down, simple past and past participle bid down)",
      "name": "en-verb"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "verb",
  "senses": [
    {
      "categories": [
        "English transitive verbs"
      ],
      "glosses": [
        "To lower the price of (something, such as a financial security or a contract) by bidding lower and lower prices."
      ],
      "links": [
        [
          "lower",
          "lower"
        ],
        [
          "price",
          "price"
        ],
        [
          "security",
          "security"
        ],
        [
          "contract",
          "contract"
        ]
      ],
      "raw_glosses": [
        "(transitive) To lower the price of (something, such as a financial security or a contract) by bidding lower and lower prices."
      ],
      "tags": [
        "transitive"
      ]
    },
    {
      "categories": [
        "en:Finance"
      ],
      "glosses": [
        "To bid by offering low interest rates on a lien, such that the lowest bidder will win."
      ],
      "links": [
        [
          "finance",
          "finance#Noun"
        ]
      ],
      "raw_glosses": [
        "(finance) To bid by offering low interest rates on a lien, such that the lowest bidder will win."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "bid down"
}