What does e-auction mean?
Definitions for e-auction
e-auc·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word e-auction.
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Wiktionary
e-auctionnoun
An auction that takes place between remote bidders by means of a computer network.
Wikipedia
e-auction
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. Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules.The e-commerce and online auction industry, measured by revenue, is $995.8 billion in 2023. eCommerce sales for businesses have been steadily increasing for years, and with the migration of virtually all transactions to digital due to the COVID Pandemic, worldwide sales through ecommerce sales channels such as websites and online marketplaces increased overall in 2020. There are two primary markets for online auctions: business to business (B2B) and business to consumer (B2C). B2C is forecast to have over a 1% annual growth rate, achieving a nearly 22% share of total global retail sales by 2024. B2B ecommerce gross merchandise value showed a similarly steady rate through 2019, as to mirror its retail B2C counterpart.The largest consumer-to-consumer online auction site is eBay, which is growing in popularity because it is a convenient, efficient, and effective method for buying and selling goods.Despite the benefits of online auctions, the anonymity of the internet, the large market, and the ease of access makes online auction fraud easier than in traditional auctions. Online auctions fraud reports are consolidated into online shopping categories.
Numerology
Chaldean Numerology
The numerical value of e-auction in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of e-auction in Pythagorean Numerology is: 7
Examples of e-auction in a Sentence
We've got credible auction houses and a great gallery system and the world is now realizing that we've come of age, it's a great place to look at art and to buy art.
Chief Executive Anders Runevad:
This is a more market-oriented approach, there is a different logic now that we get into an auction market. The EnVentus platform, the first new Vestas platform since 2011, will offer customers more flexibility than The EnVentus platform existing 2 megawatt( MW) and 4 MW platforms, Vestas said. The company is also launching new V150-5.6 MW and V162-5.6 MW turbines to run on The EnVentus platform. New EnVentus-based turbines will be built from standardised modules that fit other turbines rather than from parts that only fit one platform. New EnVentus-based turbines will make manufacturing, servicing and upgrading New EnVentus-based turbines simpler, Vestas said. Vestas, whose main rivals are General Electric( GE.N) and Siemens Gamesa( SGREN.MC), last month became the first to install 100 gigawatts of capacity globally. The wind power industry has been grappling with reduced subsidies in recent years and governments seeking more competitive contract tenders, increasing pressure on suppliers, turbine makers and wind farm developers to reduce costs.
A very special event will be an auction of third party-owned Elvis artifacts.
However much they're getting (as a prize) is a drop in the ocean compared to the money that they're set to make after that, it definitely guarantees them far greater cachet and better prices at auction, whether they're interested in that or not.
There is no need to use the last auction process.
Translations for e-auction
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"e-auction." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/e-auction>.
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