Auction Reverse Uk
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Reverse auction - A reverse auction (sometimes called a procurement auction or tender) is a type of auction in which the role of the buyer and seller are reversed. In a more typical auction, the seller puts up an item for sale, multiple buyers bid for the item and depending on the nature of the auction (English or Dutch), and one or more of the highest bidders buy the goods at a price determined by the bidding.
Collect call - A collect call (or calling collect, in the UK and other countries, reverse charge call) is a telephone call in which the calling party wants to place a call at the called party's expense. In the past, collect calls were only possible as an operator-assisted call, but with the introduction of computer-based telephone dialing equipment, it is now possible to place a collect call without using an operator.
NYOP - NYOP is an acronym for "Name-Your-Own-Price", a system where a buyer specifies a price and a product and/or service, and asks sellers to match that combination. A special type of reverse auction.
Business-to-government electronic commerce - Business-to-government e-commerce (B2G) networks allow businesses to bid on government RFPs in a reverse auction fashion.
auctionreverseuk
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