Online Reverse Auction
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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.
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Auction Sniping - Auction sniping is the term used to define the process of watching an online auction (such as on eBay), and placing a winning bid at the last possible moment (literally seconds before the end of the auction) giving the other bidders no time to outbid the sniper. Auction sniping is rarely done without software assistance.
Kali (painting) - Kali is a painting painted by Indian artist Tyeb Mehta in 1997 which sold in May 2005 for 10 million Indian rupees (approximately 230,000 US dollars) at Indian auction house Saffronart's online auction. It depicts the Hindu goddess Kali with a gouged mouth.
onlinereverseauction
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