online auction definition

online auction means a digital internet-based auction whereby buyers bid against each other with the auction platform acting as an invisible auctioneer by regulating the entire bidding process and updating bid prices/increments real time until the highest bidder wins at the close of bidding for each lot / item.

online auction means a competitive real-time auction conducted by rising bid on an Internet based platform.

online auction means an online only auction conducted via the online auction portal;

Examples of online auction in a sentence

• Online bidder hereby acknowledges that they must be properly registered for the online auction by completing and signing the (Online Auction Bidders Agreement), which will be sent by email via DocuSign.

• Online Auction - All bidders must register for online auctions with a credit card.

• Online bidder hereby agrees that they must be properly registered for the online auction by completing and signing the (Online Auction Bidders Agreement), which will be sent by email via DOTLOOP.

• Buyer hereby authorizes Seller to pay these fees directly to Hubzu or its affiliate, Altisource Online Auction on Buyer's behalf at Closing.

• Online Auction Sales Terms and Conditions means the terms and conditions under which Auction Sales under this Agreement will be conducted as set out in Annexure A.

More Definitions of online auction

online auction means an auction or sale at auction of real or personal property that is conducted via a web site or similar interactive communication media in which the web site or similar interactive communication media accepts and rejects bids and declares items, parcels, or lots sold.

online auction means a sale or prospective sale of an item by auction on a Site, including a Live Auction.

online auction. An auction that is for online bidders only and is not conducted in front of a traditional live audience. Also called a Cloud Auction.

online auction in Canada, SN 802,840 and the corresponding application for the same trade xxxx in the U.S. was filed on March 18, 1996. On March 13, 1996 with the Canadian Trade Marks Office was an application for the trade xxxx "ONLINE OUTLET MALL." On March 13, 1996 an application was filed with the Canadian Trade Marks Office for the trade xxxx "CLUB RADD" and we filed a corresponding application for "CLUB R.A.D.D." in the U.S. on March 27, 1996. Preliminary searches for all these marks were conducted and we located no prior filings. Re: Copyrights --------------

online auction means a public auction, as defined in §19-2C-1 of this code, that is

online auction has the meaning set forth in Section 3(c) hereto.

online auction means those auctions conducted through the internet with the Bidders (from one or more locations) simultaneously bidding to be selected for supplying the item/s on auction. In other words, the venue for the auction is on an Internet website/ platform. The Service Provider's website assigned by "Service Provider" would constitute venue for the purpose of the online auction.