A reverse auction is a type of auction in which the roles of buyers and sellers are reversed. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service, and the price typically increases over time. In a reverse auction, sellers compete to obtain business, and prices typically decrease over time.

In business, the term most commonly refers for a specific type of auction process (also called procurement auction, e-auction, sourcing event, e-sourcing or eRA) used in industrial business-to-business procurement.

In consumer auctions, the term is often used to refer to sales process that share some characteristics with auctions, but are not necessarily auctions.

From Wikipedia under the GNU Free Documentation License
Sat Sep 4 07:34:40 2010

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Georgia Dome I also have Arrowhead KC Chiefs Old Charlotte Colesium NBA Pics to come

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Lebron s are $20 ea Dirk is $20 Duncan is $25

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Dirk and Nash are $20 ea 12 Inch Rice and McNair $30 dlvd ea

From Yahoo Image Search: "Reverse auction"
Sat Sep 4 07:34:46 2010

The Reverse Auction Research Center: The Results - York ...
reverseauctionresearch.blogspot.com
The Reverse Auction Research Center: The Results - York ...

David Wyld

Wed, 18 Aug 2010 21:46:00 GM

In July, we here at he . Reverse Auction. Research Center reported on the efforts being undertaken by county government leaders in York County, Pennsylvania to achieve savings through employing ...

From Google Blog Search: "Reverse auction"
Sat Sep 4 07:34:46 2010

Markets News Afternoon: Shares fall slightly in Europe and US from Monday's ... - FinFacts Ireland
news.google.com
Markets News Afternoon: Shares fall slightly in Europe and US from Monday's ...

FinFacts Ireland

By Finfacts Team The National Treasury Management Agency (NTMA) today announced that it will auction Irish government bonds as planned on May 18th. ...



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Save the Dates - Allentown Morning Call
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Save the Dates

Allentown Morning Call

reverse drawing: First Tee Lehigh Valley and the First Serve Program of Embrace Your Dreams hold its 4th annual Reverse Drawing fundraiser 6:30-9:30 pm May ...



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UPDATE 1-India call money eases; demand dips ahead of reporting - Reuters India
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UPDATE 1-India call money eases; demand dips ahead of reporting

Reuters India

The daily reverse repo auction happens in the morning. The one-day inter-bank cash rate INROND= ended at 3.00/20 percent, after rising as high as 3.90 ...



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From Google News Search: "Reverse auction"
Sat Sep 4 07:34:45 2010

TV Reverse Auctions?
Q. Can anyone tell me what has happened to Gems TV? there is no way that I can bring their programme up on the internet.
Asked by denis_h_uk - Thu Dec 7 06:14:29 2006 - - 1 Answers - 0 Comments

A. I think that they had technical or business problems or something. Try Bid Up TV if you're looking for a TV reverse auction, it's a good channel.
Answered by dayle123 - Thu Dec 7 18:23:25 2006

Can President elect Barack reverse Bush executive orders right away when he takes office?
Q. These executive orders allowing more water pollution by farms, land auctions by the Bureau of Land Management so close to national parks such as Arches National Park in Utah and letting power companies increase emissions? Also, is it time for new laws in regard to the Bureau of Land Management to protect our Wilderness areas and wildlife? especially wild horses!
Asked by terrapin - Wed Nov 19 13:53:58 2008 - - 14 Answers - 0 Comments

A. most likely obama will do the things you suggest, of course it means higher prices and hardship for people but at least a few mange eaten useless mustangs can continue to use valuable land.
Answered by R.I.P. U.S.A - Wed Nov 19 13:59:57 2008

****Fancy a bit of fun?****?
Q. Reverse auction time. Pick a number bewteen 1-100. Whoever picks the lowest unique number gets the best answer. (unique = a number that nobody else has picked.) Good Luck :)
Asked by spick&span - Thu Aug 30 06:46:40 2007 - - 30 Answers - 0 Comments

A. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 3 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100
Answered by Luck dragon - Thu Aug 30 07:29:23 2007

From Yahoo Answer Search: "Reverse auction"
Mon May 17 01:08:34 2010