Possible Clues:

• Where there are lots one will find a cut with one on the end
• A broken cut with one on for a bid
• Sort of old bridge
• How one might bid for a cut in Iona
• I cut on a place where things get knocked down
• Setting for this puzzle's theme
• Competitive sale
• Process of bidding at card-games
• For bidding
• It's the done thing to bid about you