AUCTIONEER
A Short List Of Auction Terms
Absentee bidder A person who is not at the sale but who submits a top-price bid in advance.
Absolute auction An auction where goods are sold to the highest bidder with no limiting conditions.
Appraisal The process of estimating the value of an item.
As is Selling the item without any sort of warranty.
Bidder number The number issued to each person registered at an auction.
Estate sale The sale of property left by a person who has died.
Reserve bids The minimum price that a seller will accept for an item. If this price is not reached, the auctioneer can pass on the sale.
Tie bids When two or more bidders bid the same price at the same time and the auctioneer has to settle the conflict.
Additional topics
Job Descriptions and Careers, Career and Job Opportunities, Career Search, and Career Choices and ProfilesCool Careers Without CollegeAUCTIONEER - Education And Training, Outlook, A Short List Of Auction Terms, For More Information - Salary