glossary of auction terms
NARU
An abbreviation used on eBay that means “not a registered user”. Can indicate a user was suspended by eBay or they have deactivated their account. Auction users who have been suspended or barred from eBay are said to have been NARU’d.
Neg’d
Meaning to have given or received negative feedback.
New Listing Icon
An icon on eBay listings that indicates the auction was just recently listed.
New Member Icon
An icon beside a user’s name that indicates they joined eBay within the last 30 days.
NFB
An abbreviation meaning “negative feedback”
NIB
An abbreviation meaning “new in box”
NOS
An abbreviation meaning “new old stock”
NP
An abbreviation meaning “not packaged”
NR
An abbreviation meaning “no reserve”
NRFB
An abbreviation meaning “never removed from box”
NRMNT
An abbreviation meaning “near mint”
NWOT
An abbreviation meaning “new – without tag”
NWT
An abbreviation meaning “new – with tag”
OOP
An abbreviation meaning either “out of print” or “out of package”
Outbid
Indicates the previous highest bidder was replaced by someone who bid a higher amount.
Paypal
An online payment service that lets buyers pay sellers for their auctions. Paypal offers credit card payments as well as direct bank debits. It allows auction sellers to accept credit card payments without having to have their own credit card merchant account.
Powerseller
A term on eBay for a high-volume seller who has maintained a feedback score of 98% or better. There are various levels of Powersellers, based on their gross monthly sales totals. The lowest level of Powerseller is the Bronze level, which requires $1,000 monthly sales. The highest level is the Titanium level, which requires $150,000 in monthly sales.
Private Auction
Most online auction sites offer private auctions, where the names of the bidders and their bid amounts are not visible to all users looking at the auction.
Proxy Bidding
A service offered by online auction sites in which the auction site will automatically increase your bid, up to your maximum bid, as other users bid on an item. For example, if an item is listed for $1 and you bid $10, the current bid will only increase by the bid increment (usually $0.10 in this case, to $1.10). As others bid, your bid will automatically be increased until it reaches your maximum.
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Sell by Lots
If you have two or more of one item, you can list it as a “lot.” For example, if you had five bottles of suntan lotion purchased from a salvage store for .50 each, and you decided to list them on eBay for $1.00 each, rather than list each one separately, another option is to sell them as a lot. Often times, people perform their search based on lots. However, if you had one bottle of suntan lotion, one bottle of regular lotion, and one bottle of aloe vera, you would want to list them as their own item.
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