The lowest submitted price is announced as the starting price of the auction.

They are allegedly forcibly obliged to sell produce at a price fixed by the authorities that is many times lower than the market price.

After requesting the buyer by fax and telephone to take possession, the seller sold the goods to other buyers at a significantly lower price and sued the first buyer to recover the difference between the original agreed price and the actual price the seller had received.

When the price only is subject to ERA, it is usually required that the value of each bid has to be necessarily lower than the value of the last bid registered by the system.

Unlike a traditional selling auction which involves a single seller and many buyers, the latter bidding for the right to purchase and the former using market forces to drive buyers to raise the price of purchase, in a reverse auction, there is a single buyer and many suppliers the buyer indicates its requirement, and suppliers progressively bid downwards to win the right to supply.

I can't sell at this price.

It can sell a good price.

However, even in auctions of models 1 and 2, there may be situations in which the lowest bid is not necessarily the winning bid.

(d) A note concerning electronic reverse auctions and abnormally low tenders, including drafting materials (A CN.9 WG.I WP.40 and Add.1).

In Brazil, the bidder offering the lowest bid may be disqualified in the course of evaluation of its qualifications, which takes place after the auction.

Often lowest price is the sole award criterion in competitions conducted entirely through an ERA.

The winning bidder, however, has the right to refuse lowering the price submitted in the ERA and the auctioneer is not allowed to disqualify the bidder for that reason.

(ix) The conditions under which the bidders will be able to bid and, in particular, any minimum differences in price or other features that will be required when bidding must be improved in any individual new submission during the auction and the time which the procuring entity will allow to elapse after receiving the last submission before closing the auction

Here's the order for the ploughs. We got a good price.

You boys'll bring a nice price.

Minimum, huh?

That 3 pair of adorable lace up sandals? The price given the human costs really is too good to be true.

The gap between the price which Cuban sugar fetched over the last year and the price which it would have fetched if sold in the United States was 249.1 per metric ton.

I sold the house to advantage.

Stock deals Market rigging Price cutting.

Another distinct feature of the Brazilian system found in article 4 of the Decree, is that the auctioneer may negotiate the price directly with the winner or with the next best bidder if the first is disqualified, if the auctioneer is not satisfied with the lowest price obtained in the ERA (paras. XI and XVI).

Although 5 out of a total of 139 lots were sold for a price below the minimum, the mission considered that the advantages of ensuring early removal of the assets outweighed the potential extra income from selling the items as scrap.

After the peak, lenders tightened their standards. When buyers find it difficult to finance home purchases, sellers have to cut the asking price.

2.2 The authors state that their lands were expropriated by the Government at a price considerably below the current price in comparison with voluntary purchases and other expropriations in the region.

According to Xiao Lei, all the 45 cars at this auction have been auctioned in excess of their auction starting prices with the total starting price being 998,500 yuan and the total transaction price 2,626,000 yuan. This total transaction price is a little higher than the anticipation price of the auction company.

Things used by Elvis Presley...

I gave italy her money's worth.

It was also observed that the higher ranking suppliers, whose products might be produced on a higher cost basis than those of lower ranking suppliers, might submit unrealistically low prices during the auction itself, and therefore a performance risk might arise.

The Brazilian system permits an auctioneer to approach the bidder who submitted the second lowest bid if the winning bidder is disqualified or the bid is deemed to be unacceptable or non responsive.

When auctions of models 1 and 2 are utilized (see A CN.9 WG.I WP.35, para. 33), the winning bidder should be known in the end of the auction as it is normally the bidder offering the lowest bid.

And charge fancy prices and get the best people

It's not for sale. You haven't heard my offer.

Why, we sell a dozen a day in this price range.

Most of the hotel rates are better than the normal published rates and are commissionable to travel agents at 10 per cent of the gross selling price and 14 per cent for CTO agents.

If I let it go cheap without a fight, he might think we've stolen the car.

The Value of Being Undervalued

3320 Variable components

Abnormally Low Tenders

A minimum period of time is usually required to elapse between the issuance of the notice of auction or invitation to the auction, as the case may be, and the opening of the auction.

(1) An electronic reverse auction (electronic reverse auction) can be defined as an online, real time dynamic auction between a buying organization and a number of suppliers who compete against each other to win the contract by submitting successively lower priced or better ranked bids during a scheduled time period.

I'm not gonna take it haunched back like the rest around here.

I'd give you a very good price. Thank you, no.

It could be priceless, and Sam would lose a sale.

I loved her. I traded her in on a pool game.

Then you sold rice at giveaway prices