Glossary entry (derived from question below)
English term or phrase:
phantom bid
Lithuanian translation:
fiktyvus pasiūlymas
Added to glossary by
Rasa Didžiulienė
Apr 24, 2014 14:51
10 yrs ago
English term
Lithuania
Seeking for excellence
Native in: Lithuanian
Works in: Lithuanian to English, English to Lithuanian
phantom bid
English to Lithuanian
Bus/Financial
Business/Commerce (general)
How would you translate "phantom bid"?
Definition: Phantom Bids are false bids taken by an auctioneer for the purpose of tricking a legitimate bidder into bidding more than he would have bid otherwise. The auctioneer hires Shills to call out the phantom bids. If the phantom bid is the winner, either the lot is hidden and comes back around for a second auction, or the 2nd-highest legitimate bidder is informed that the first bidder was unable to make payment.
Definition: Phantom Bids are false bids taken by an auctioneer for the purpose of tricking a legitimate bidder into bidding more than he would have bid otherwise. The auctioneer hires Shills to call out the phantom bids. If the phantom bid is the winner, either the lot is hidden and comes back around for a second auction, or the 2nd-highest legitimate bidder is informed that the first bidder was unable to make payment.
Proposed translations
(Lithuanian)
| 4 | fiktyvus pasiūlymas |
Algis Masys
|
| 3 | fantominis pasiūlymas, iliuzinis pasiūlymas |
Leonardas
|
Change log
Apr 24, 2014 14:51: Yana Dovgopol changed "Kudoz queue" from "In queue" to "public_paid"
Proposed translations
4 days
Selected
fiktyvus pasiūlymas
Pasiūlymas, kurio tikslas nėra pirkti, dėl to - fiktyvus.
4 KudoZ points awarded for this answer.
5 hrs
fantominis pasiūlymas, iliuzinis pasiūlymas
.
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