Definitions for E-AUCTION
e-auc·tion

WiktionaryRate this definition:0.0 / 0 votes

1. e-auctionnoun

   An auction that takes place between remote bidders by means of a computer network.

WikipediaRate this definition:0.0 / 0 votes

1. 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.

How to pronounce E-AUCTION?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say E-AUCTION in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of E-AUCTION in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of E-AUCTION in Pythagorean Numerology is: 7

Examples of E-AUCTION in a Sentence

1. Francis Wahlgren:

   There hasn't been any Watson scientific manuscript material ever offered at auction before.

2. Bill Miller:

   What we can't have them do is round (the horses) up, to auction them or slaughter them, you know we won't stand for that.

3. Richard Blumenthal:

   Big Tech claims that Big Tech simply presides over an open and free market, but in a truly free market the same party can't represent the seller, the buyer, make the rules, and conduct the auction, and that is unacceptable in a free enterprise system -- it hurts consumers and it hurts competition.

4. Senate Republican Leader Jean Fuller:

   What is clear is that ambitious and expensive pet programs like high-speed rail may be on the chopping block if these auction results continue.

5. The British-born , Australian-raised actress:

   I've realized over the years, especially when you go through stuff, that stuff isn't what's important, it took quite a few months to weed through boxes and storage containers. But it was a fun venture. It just took a lot of time and sorting and it started out really that I was just going to auction off the 'Grease' jacket and pants for my cancer wellness center in Australia. And then it kind of grew out of that.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/E-Auction
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/E-Auction