What is By-Bidding?

Legal Definition
In the law relating to sales by auction, this term is equivalent to "puffing." The practice consists in making fictitious bids for the property, under a secret arrangement with the owner or auctioneer, for the purpose of misleading and stimulating other persons who are bidding in good faith.
-- Black's Law Dictionary
Legal Definition
False bidding at an auction in order to raise the price. By-laws. Ordinances of a town or city; rules made by the stockholders of a corporation for its administration. See 3 L. R. A. 261. Byrlaw. Same as Burlaw.
-- Ballentine's Law Dictionary