e-auction
Digital bidding platform
An e-auction is an auction conducted online, where bidding happens through a website or digital platform rather than in person.
E-auctions handle everything from consumer goods to government contracts, with automated systems managing bids in real time: The company sold surplus equipment through an e-auction.
Offer to purchase
- outbidOffer more than another
- incrementUnit of increase
- proxyAuthorized substitute
- snipingShooting from hiding
watchlist · reserve · closing · soft close · timed · registration · bidder · gavel
Venue for commerce
- e-commerceInternet-based buying and selling
- websiteOnline page collection
- portalImposing entrance or gate
- interfaceShared connection point
dashboard · login · verification · listing · search · filter · notification · mobile app
Ongoing contest between opponents
- strategyPlanned approach to goals
- outbidOffer more than another
- counterofferAlternative terms proposed back
- winnerOne who prevails
reserve price · price war · competitive advantage · bidding war · snipe · timing
Fulfilling a financial obligation
- escrowConditional third-party deposit
- e-paymentOnline financial transaction
- checkoutPayment completion process
- invoiceItemized billing statement
settlement · buyer protection · commission · shipping · delivery · tracking · refund · dispute resolution
Proving something accurate
- feedbackReturned response data
- ratingAssigned evaluative score
- authenticityQuality of being genuine
- fraud preventionStopping dishonest financial activity
encryption · secure · terms of service · dispute resolution · escrow · identity verification · transparency
Soft or sore
- RFPFormal bid solicitation
- vendorOne who sells goods
- supplierSource of goods
- contractEnforceable written agreement
government · sourcing · bulk buying · B2B · requisition · purchase order · compliance · specification
bid
Offer to purchase
sniping · watchlist · reserve · closing · soft close · timed · registration · bidder · gavel · lot
marketplace
Venue for commerce
- e-commerceInternet-based buying and selling
- websiteOnline page collection
- portalImposing entrance or gate
interface · dashboard · login · verification · listing · search · filter · notification · mobile app · browser
rivalry
Ongoing contest between opponents
- strategyPlanned approach to goals
- outbidOffer more than another
- counterofferAlternative terms proposed back
winner · reserve price · price war · competitive advantage · bidding war · snipe · timing
payment
Fulfilling a financial obligation
- escrowConditional third-party deposit
- e-paymentOnline financial transaction
- checkoutPayment completion process
invoice · settlement · buyer protection · commission · shipping · delivery · tracking · refund · dispute resolution · currency conversion
verification
Proving something accurate
- feedbackReturned response data
- ratingAssigned evaluative score
- authenticityQuality of being genuine
fraud prevention · encryption · secure · terms of service · dispute resolution · escrow · identity verification · transparency
tender
Soft or sore
contract · government · sourcing · bulk buying · B2B · requisition · purchase order · compliance · specification · evaluation
auction, auctions, auctioneer, auctioning, auctioned, auctioneers, auctioneering, online auction