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Acronyms that contain the term online auction 

What does online auction mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: online auction.

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PBO

People & Business OnLine

Business » Companies & Firms

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O

Online

Computing » Networking

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T&MWO

Test & Measurement World Online

Community » News & Media

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CNET

ChinaNet Online Holdings, Incorporated

Business » NASDAQ Symbols

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WWO

Woodworking & Woodturning Online

Business » Companies & Firms

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UO

Ultima Online

Internet

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UO

Ultima Online

Business » Companies & Firms

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AO

Anarchy Online

Internet » Chat

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WTTO

World Travel & Tourism Online

Business » Companies & Firms

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AOL

America Online

Business » Companies & Firms

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TSO

The Sims Online

Internet

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OS

Online Services

Computing » Networking

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RO

Ragnarok Online

Internet

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RO

Ragnarok Online

Miscellaneous » Hobbies

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TLO

Texas Legislature Online

Governmental » State & Local

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NRO

National Review Online

Community » News & Media

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NRO

National Review Online

Internet

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OCLC

Online Computer Library Center

Academic & Science » Ocean Science

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OCLC

Online Computer Library Center

Community » Educational

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KO

Knight Online

Miscellaneous » Hobbies

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OMIM

Online Mendelian Inheritance in Man

Medical » Human Genome

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OPAC

Online Public Access Catalog

Academic & Science » Universities

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MMORPG

Massively Multiplayer Online Role Playing Game

Internet

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COPPA

Children's Online Privacy Protection Act

Governmental » Legislation

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MO

Multiplayer Online

Internet

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What does online auction mean?

Online auction
An online auction (also electronic auction or E-Auction or e-auction or eAuction) is an auction which is held over the internet. Like auctions in general, online auctions come in a variety of types like ascending English auctions, descending Dutch auctions, first-price sealed-bid, Vickrey auctions and others, which are sometimes not mutually exclusive.The scope and reach of these auctions have been propelled by the Internet to a level beyond what the initial purveyors had anticipated. This is mainly because online auctions break down and remove the physical limitations of traditional auctions such as geography, presence, time, space, and a small target audience. This influx in reachability has also made it easier to commit unlawful actions within an auction. In 2002, online auctions were projected to account for 30% of all online e-commerce due to the rapid expansion of the popularity of the form of electronic commerce. Online auctions include business to business (B2B), business to consumer (B2C), and consumer to consumer (C2C) auctions.The largest online auction site is eBay, which was the first to support person-to-person transactions. Other popular examples of online auction sites include WebStore, OnlineAuction and Overstock.

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