An English Auction can be used for either a single item or multiple items. With English Auction listings, the price is raised successively until the listing closes. You must use the next highest bid increment when making a bid. For single quantity English Auctions, the high bidder is declared the winner and is required to pay the seller the amount of winning bid. For multiple quantity English Auctions, the high bidders are declared the winners and each person is required to pay the seller the amount of their winning bid. If there is a tie, then the most current bid will be a leading bid. Additionally, when there is a Multiple Quantity Auction, you may have to accept a partial win on your bid.
Bidders buy bonds at the price they bid provided it is above the stop price.
a listing that offers a single item for sale
an auction in which you are attempting to be the highest bidder on a listing of which there is only a quantity of one
In an English Auction, buyers bid until the auction ends. The item is then sold to the highest bidder at the end of the auction period. Featured Auctions: Auction listings placed prominently on the home page and category pages. Currently, Dell Auction auctions that receive more than two bids have the chance of being featured.
An auction in which there is only one item for sale. The seller sets the opening bid, and both the buyer and seller must respect the final price at the end of the auction.
A single item auction, where the highest bid wins.
In an English auction (also called an Open-outcry auction), the auctioneer begins the auction with the reserve price (lowest acceptable price) and then takes larger and larger bids from the customers until no one will increase the bid. The item is then sold to the highest bidder.
