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English Auction
A type of auction where the price starts low and is bid up by participants until no higher bids are made, and the highest bidder wins.
Highest Bidder
Refers to the participant in an auction who offers the largest amount of money for an item or service.
High-value Bidders
Participants in an auction who are willing and able to place significantly large bids on items or assets, reflecting their high valuation.
Low-value Bidders
describes participants in auctions or competitive bidding processes who offer relatively low prices for goods or services, possibly affecting market dynamics and pricing standards.
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