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e Bay Vocabulary |
| Bid |
You tell eBay's application the maximum price you want to pay for an item. |
| Sniping |
Bidding at the last second to win the item before anyone else can outbid you. |
| Outbid |
Other buyer bids an amount higher then yours. |
| Max Bid |
After you bid, you can introduce a maximum bid you think you can afford. If other buyers will bid more then your initial bid but less then your Max. Bid, the eBay system will bid for you. |
| Shill bid |
A fake bid placed by a seller trying to drive up their auction price. |
| Non-paying bidder |
A bidder who wins an auction but doesn't pay to buy the item in the range of time you spell it out in your policy. |
| Buy it now |
A fix price auction. |
| Dutch auction |
An auction where more than one item is available. |
| Ad Format Listings |
Advertisements for products or services rather than auction-style listings. |
| Reserve |
The minimum price the seller will accept for the item, under reserve price you don't sell the item. |
| Mint |
Item in perfect condition. |
| PayPal |
An electronic payment method accepted by most sellers/buyers, now part of eBay. |
| eBay Store |
Your store within eBay. |
| Feedback |
Positive, neutran or negative comments left about others seller/buyers on eBay. |
| "About Me" page |
Your very own personal eBay home page where you can talk about you and advertise your activities, hobbies, interests, your business outside eBay. |
| eBay "My World" |
An extension of "About Me" page, in which you can talk about yourself. |
| eBay "Best Offer" |
It is a new eBay twist added to Fixed Price Auctions (Buy It Now), the buyers can contact the seller to negotiate a price, 3 tries are allowed. |
| "Griff" |
Jim Griffith, Dean of eBay University, he really is a living legend on eBay. |
| eBay Live |
The annual eBay Conference |
| user ID |
A unique nickname chosen by an eBay user when he registers. |
| IDVerify |
It is a feature which helps verify a user's personal information, which is cross-checked against consumer and business databases for consistency. |
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Abbreviations Note: you will use a part of this abbreviations in the Title because you have a limited space and you want to fill in as many keys as you can. |
| AUD |
Australian Dollar Currency. |
| USD |
American Dollar Currency. |
| EUR |
European Currency. |
| GBP |
Great British Pounds Currency. |
| BIN |
Buy it now, a fix price auction. |
| BNWT |
Brand new with tags, an item that has never been used and still has its original tags. |
| CONUS |
Continental United States, used by sellers who don't want to ship to Alaska, Hawaii. |
| NIP |
New in Box. Never opened, still in original box. |
| OB |
Original Box for an Item. |
| MIB |
Mint in Box. |
| NR |
No Reserve price. |
| FC |
Type of Postage, First Class. |
| PM |
Type of Postage, Priority Mail. |
| PP |
Type of Postage, Parcel Post. |
| SH |
Shipping and Handling, fees the buyer will pay you for postage. |
| VGC |
Very Good Condition ( not mint, but close). |
| NPB |
Non Paying Bidder. |
| NARU |
It is an acronym for Not A Registered User, if your account is suspended, you are a NARU. |
| GTC |
It is Good Till Cancelled, the durations in eBay Stores are: 30 days or GTC . |
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