e-auction
Noun
Meaning
e-auction (plural e-auctions)
An auction that takes place between remote bidders by means of a computer network.
Synonym: cyberauction
Synonyms
Examples
Cardamom growers of Theni district have moved Madurai Bench of the Madras High Court seeking a direction to the Spices Board to conduct cardamom e-auction at Bodinaickanur.
The statement reads, “Following the re-engineering of the Nigeria Customs Service e-auction process, the electronic portal is now opened (live) for interested persons with valid Tax Identification Number (TIN) to log in and bid for items of their choice.
Since the bids received during the e-auction of these mines were several times higher than the reserve price (almost 100 times), we will suitably increase the reserve price of these sand quarries,” he said.
CIL’s coal allocation under spot e-auction scheme had declined 37.7 per cent to 34.34 MT in 2018-19.
The coal allocation under spot e-auction scheme had declined 37.7 per cent to 34.34 mt in 2018-19.
With the Central and State governments having relaxed the lockdown conditions and allowing agriculture related activities to resume, a representation was sent to the Spices Board to conduct the e-auction.