Yes, you can back out of a bid. However, if you do not meet the reserve price, the listing will be cancelled and your bids will be refunded.

To unsubmit a bid, go to the bidding page for the item you are bidding on. Click on “Unsubmit Bid” in the top right corner of the page.

No, you cannot cancel a bid order.

Yes, bidders can cancel their bids.
Bidders can cancel their bids.

If you win an auction and can’t pay, the seller has the option to either cancel the sale or offer a layaway plan. If they offer a layaway plan, you’ll have to make a down payment and then pay off the remainder of your purchase in installments.

A dummy bid is a bid that is made with the intent of raising the price of an item, but not to actually buy it.

No, you cannot retract a bid on Hibid.

Unfortunately, bids can not be cancelled on Hibid.

Yes, it is possible to retract a bid on eBay. However, there are some caveats. The bidder has to be the original bidder and they have to do it before the auction ends.

This is a question for an order manager.

No, you cannot reverse a stock trade.
It is not possible to reverse a stock trade because the moment the trade is executed, the buyer and seller are no longer in contact with each other and there is no way to contact them and cancel the trade.