Definition of "rebidding" []

• Present participle of rebid. (verb)

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• "Next year, a dozen Eagle prop aircraft will open up for rebidding by Eagle or its competitors."
• "That is, it results in a second-price, and has constant rebidding so that no one ever states their true valuation."
• "Even in a Vickrey auction, when there is the possibility of rebidding, if bidders are worried about this risk they shouldn't bid their true valuations."