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Auction Dictionary
( Bidera Auction help center glossary )



English Auction

 


Refers to a type of auction where a single item / lot are sold.

English auctions are generally the most common type of auctions found worldwide.

Interestingly enough, English auction is known to have been in use since antique times; from this auction format the word derives: the latin word augere means to increase

Contrast to Dutch and Yankee-Dutch auctions.

 



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