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Ebidding. Private electronic market. Software. v. t. e. An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [1][2][3] Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules.
Estate sale. Newspaper announcement for a farmer's estate sale, 1918. An estate sale or estate liquidation is a sale or auction to dispose of a substantial portion of the materials owned by a person who is recently deceased or who must dispose of their personal property to facilitate a move. [1]
A doily (also doiley, doilie, doyly, or doyley) is an ornamental mat, typically made of paper or fabric, and variously used for protecting surfaces or binding flowers, in food service presentation, or as a clothing ornamentation, as well as a head covering for Jewish women and Christian women. It is characterized by openwork, which allows the ...
Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [ 1][ 2] The company auctions distressed real estate and personal property for private investors and federal and local government. [ 3] It has served the United States Marshals, [ 4] the U.S. Department of Treasury and over 100 ...
Country house contents auctions have been held formally since at least the mid 18th century, when dedicated auction houses were founded. The main auctioneers coordinating these sales today are Sotheby's, Christie's and Bonhams, with other auctions conducted by Lawrence's. A high quality auction catalogue is also published, giving details and ...
Auction theory is a branch of applied economics that deals with how bidders act in auctions and researches how the features of auctions incentivise predictable outcomes. Auction theory is a tool used to inform the design of real-world auctions. Sellers use auction theory to raise higher revenues while allowing buyers to procure at a lower cost.
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