Assertion: auction's bid | /r/HasProperty | sealed
Facets:
value: in an english auction
type: LOCATION
value: typically
type: DEGREE
value: to all bidders
type: TRANSITIVE-OBJECT
value: necessarily
type: DEGREE
value: in this type of auction
type: OTHER
Source sentences:
text: Typically these bids are sealed - not revealed to the other buyers until the auction closes.
text: Auction sniping is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper.
text: In this type of auction the bids of other participants are necessarily secret, although some companies may provide broad guidance following a bid, such as whether the winning unique bid is higher or lower than one's last bid.
text: Bidding on eBay (old or new)'s auction-style listing is called proxy bidding and is essentially equivalent to a Vickrey auction (sealed-bid), with the following exceptions.
text: In an English auction, all bids are visible to all bidders and in a sealed-bid auction, bidders only get to know if their bid was the best.
text: The fact that the maximum bid is revealed when it is outbid introduces the possibility of maximum bid fishing.
text: Typically these bids are sealed - not revealed to the other buyers until the auction closes.