chandelier

mastery
UK /ˌʃæn.dəˈlɪə(ɹ)/ US /ˌʃæn.dəˈlɪɚ/noun

card 1 of 8 · context meaning

What does 'chandelier' mean in this specialized auction context?

The bids are usually real but can be fake or 'chandelier' bids (non-existing bids taken 'off the chandelier') on behalf of the consignor.