|
|
|
|
|
|
A |
auction |
|
n. |
A forum for selling a set of objects each to the highest
bidder.
|
|
auctionbot |
|
n. |
A software agent (typically running under UNIX) which
accepts bids, usually via Internet e-mail, and sends out updates,
usually via Internet e-mail.
|
|
auctioneer |
|
n. |
One who conducts an auction; one who sells items and
solicits bids.
|
|
B |
bid |
|
n. |
An offer from a particular bidder with an intent to buy a given
item for a given price.
|
|
|
|
v. |
To submit a bid.
|
|
bidder |
|
n. |
An active participant in an auction; one who submits bids.
|
|
bidding war |
|
n. |
A situation in which two or more bidders are engaged in a
staggering competition for a particular item or set of items.
|
|
blowout bid |
|
n. |
A pricepoint on a given item at which, if a bid is
submitted, the item is immediately marked sold to the bidder
submitting the blowout bid.
|
|
bump |
|
v.t. |
To oust another bidder from his or her position by
overturning his or her bid.
|
|
D |
drive-by auction |
|
n. |
An auction held by someone who is neither a regular
contributor to the newsgroup nor a lurker.
|
|
G |
going once |
|
adj. |
1. First solicitation by the auctioneer for a higher
bid. 2. An item with an immature bid.
|
|
going twice |
|
adj. |
1. Second solicitation by the auctioneer for a higher
bid. 2. An item with a mature bid. 3. Last call for higher bids
on a given item.
|
|
H |
high bid |
|
n. |
1. The highest bid submitted for a given item. 2. A
tentative association between an item and a bidder.
|
|
high bidder |
|
n. |
The bidder with the high bid on a given item.
|
|
I |
item |
|
n. |
An object or set of objects for sale in an auction upon which
bids are submitted.
|
|
L |
lot |
|
n. |
Same as item.
|
|
M |
mailing list |
|
n. |
A collection of bidder, organized by e-mail address, to
which periodic updates are sent by the auctioneer or auctionbot.
|
|
minimum bid |
|
n. |
Same as opening bid.
|
|
minimum bid increment |
|
n. |
The minimum additional monetary amount required
to register a newer, higher bid. In some auctions this is a fixed
amount, in others it depends on the current high bid.
|
|
minimum raise |
|
n. |
Same as minimum bid increment.
|
|
O |
observation list |
|
n. |
A bidder-specific list of items which appear in
periodic or aperiodic updates sent by the auctioneer and which the
bidder is presumably interested in obtaining.
|
|
once, twice, sold |
|
n. |
A type of auction in which bid ages are attached
to items. See going once, going twice, and sold.
|
|
open |
|
adj. |
An item which has not yet received a bid.
|
|
|
|
v.t. |
To submit an opening bid on an item.
|
|
opening announcement |
|
n. |
A general announcement of an auction to the
newsgroup, giving rules and/or listing items for sale.
|
|
opening bid |
|
n. |
The minimum price at which a given item will sell; the
minimum acceptable bid.
|
|
overturn |
|
v.t. |
To raise a bid. See also bump.
|
|
P |
pending |
|
adj. |
A high bid that is not yet sold; a bid that is
standing, going once, or going twice.
|
|
Q |
quick-sale price |
|
n. |
Same as blowout bid.
|
|
R |
raise |
|
v.t. |
Same as overturn.
|
|
S |
sold |
|
adj. |
Within the context of an auction, a permanent association
between an item and a bidder.
|
|
splash page |
|
n. |
The first screenful of information people see when they
read the newsgroup and encounter your opening announcement.
|
|
standing bid |
|
n. |
A bid which has been neither challenged nor solicited
for higher bids; the new high bid.
|
|
state |
|
n. |
The maturity of a bid on an item, either
open, standing, going once,
going twice, or sold.
|
|
submit |
|
v.t. |
To cause a bid to be sent from a bidder to an
auctioneer or auctionbot, usually via e-mail.
|
|
T |
teaser |
|
n. |
A sneak preview of an auction posted to the newsgroup before
the real announcement.
|
|
U |
up |
|
v.t. |
Same as overturn.
|
|
update |
|
n. |
1. An instantaneous snapshot of some or all of the items in
an auction, listing for each item the high bid and the
high bidder, usually in an easy-to-read tabular form. 2. An e-mail message
or newsgroup posting containing the partial or entire status of the
auction.
|
|
W |
watch list |
|
n. |
Same as observation list.
|
|