Monday, August 12, 2013

The eBay Glossary


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The eBay Glossary
Bid: telling eBay's system the maximum price you
are prepared to pay for an item.
Dutch: an auction where more than one of an item is
available.
Feedback: positive or negative comments left about
other users on eBay.
Mint: in perfect condition.
Non-paying bidder: a bidder who wins an auction
but does not then go on to buy the item.
PayPal: an electronic payment method accepted by
most sellers.
Rare: used and abused on eBay, now entirely
meaningless.
Reserve: the minimum price the seller will accept
for the item.
Shill bid: a fake bid placed by a seller trying to
drive up their auction's price.
Snail Mail: the post, which is obviously very slow
compared to email.
Sniping: bidding at the last second to win the item
before anyone else can outbid you.
Initials & Abbreviations
AUD: Australian Dollar Currency.
BIN: Buy it Now. A fixed price auction.
BNWT: Brand New With Tags. An item that has
never been used and still has its original tags.
BW: Black and White. Used for films, photos etc.
CONUS: Continental United States. Generally used
by sellers who don't want to post things to Alaska
or Hawaii.
EUR: Euro Currency.
FC: First Class. Type of postage.
GBP: Great British Pounds Currency.
HTF: Hard To Find. Not quite as abused as 'rare',
but getting there.
NIB: New in Box. Never opened, still in its original
box.
NR: No Reserve. An item where the seller has not
set a reserve price.
OB: Original Box. An item that has its original box
(but might have been opened).
PM: Priority Mail.
PP: Parcel Post.
SH: Shipping and Handling. The fees the buyer will
pay you for postage.
USD: United States Dollars Currency.
VGC: Very Good Condition. Not mint, but close.


The eBay Glossary

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