An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest...

A Dutch auction is one of several similar types of auctions for buying or selling goods. Most commonly, it means an auction in which the auctioneer begins...

An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected...

A Vickrey auction or sealed-bid second-price auction (SBSPA) is a type of sealed-bid auction. Bidders submit written bids without knowing the bid of the...

A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller...

An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening...

Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which...

Penny auction may refer to: Bidding fee auction, in which participants must pay a fee to the seller in order to place each bid Penny auction (foreclosure)...

ownership, an auction for the franchises was held on 24 January 2008. The reserve prices for the eight franchises totalled $400 million, but the auction ultimately...

A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. From the seller's...