Examlex
One purpose of informative speaking is to persuade an audience to do something.
Winning Price
The final bid amount that secures an item or service in an auction; the price at which the auction is won.
Low-value
Pertaining to items or services that are considered to have less worth or importance, often reflected in their low cost.
Second-Price Auction
An auction format in which the highest bidder wins but pays the second-highest bid price, encouraging bidders to bid their true value.
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.
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