shag auktsiona

English translation: bid increment

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Russian term or phrase:шаг аукциона
English translation:bid increment
Entered by: marfus

01:57 Feb 14, 2001
Russian to English translations [Non-PRO]
Bus/Financial
Russian term or phrase: shag auktsiona
shag auktsiona - 5% ot nachalnoy tseny.
!!!
bid increment
Explanation:
Your sentence: Bid increment is 5% of the starting price.

Bid increment is the predetermined amount by which a bid will be raised, based on the current high bid. Bid amount should be in the multiples of the bid increment specified on the auction page.

For example :
Bid increment amount - US$5.00
Lets say the starting price is US$1.00
Current highest bid is US$6.00.
Your bid amount should be at least the sum of the current winning bid plus the bid increment amount. Therefore, your minimum bid would be US$11.00.

If you wish to place a higher bid, it should be in multiples of the bid increment amount. Therefore, it should be US$11.00, US$16.00, US$21.00 and so on.

Good luck!
Selected response from:

Vladimir Pochinov
Russian Federation
Local time: 23:56
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
nabid increment
Vladimir Pochinov


  

Answers


13 mins
bid increment


Explanation:
Your sentence: Bid increment is 5% of the starting price.

Bid increment is the predetermined amount by which a bid will be raised, based on the current high bid. Bid amount should be in the multiples of the bid increment specified on the auction page.

For example :
Bid increment amount - US$5.00
Lets say the starting price is US$1.00
Current highest bid is US$6.00.
Your bid amount should be at least the sum of the current winning bid plus the bid increment amount. Therefore, your minimum bid would be US$11.00.

If you wish to place a higher bid, it should be in multiples of the bid increment amount. Therefore, it should be US$11.00, US$16.00, US$21.00 and so on.

Good luck!



    Reference: http://pages.bidorbuyindia.com/help/fbuy.shtml
Vladimir Pochinov
Russian Federation
Local time: 23:56
Native speaker of: Native in RussianRussian
PRO pts in pair: 2209

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