lower limit on bids

简明释义

标底

英英释义

例句

1.The company implemented a lower limit on bids to ensure quality suppliers.

公司实施了竞标的下限以确保供应商的质量。

2.The lower limit on bids was established to prevent undervaluing the artwork.

设定竞标的下限是为了防止艺术品被低估。

3.The auction house set a lower limit on bids to ensure that items are sold for a fair price.

拍卖行设定了一个竞标的下限以确保物品以公平的价格出售。

4.Bidders were frustrated by the lower limit on bids that restricted their ability to negotiate.

竞标者对限制其谈判能力的竞标的下限感到沮丧。

5.Participants must be aware of the lower limit on bids before placing their offers.

参与者在提交报价之前必须了解竞标的下限。

作文

In the world of auctions and competitive bidding, understanding the concept of a lower limit on bids is crucial for both buyers and sellers. This term refers to the minimum price that a seller is willing to accept for an item during an auction or bidding process. Setting a lower limit on bids ensures that the seller does not end up selling their valuable items for less than they are worth. It acts as a safeguard against undervaluation and helps maintain the perceived value of the item being auctioned.When participating in an auction, bidders must be aware of the lower limit on bids because it directly affects their bidding strategy. If a bidder is interested in an item but the bidding starts below the lower limit on bids, they may choose to abstain from participating until the bidding reaches a more favorable range. This can create a tense atmosphere, as bidders wait to see if the auction will meet the seller's expectations.From a seller's perspective, establishing a lower limit on bids can also influence the auction's dynamics. For instance, if a seller sets their lower limit too high, they risk scaring off potential bidders who may find the starting point unreasonably high. Conversely, setting it too low might lead to a quick sale but at a price that does not reflect the true value of the item. Therefore, finding the right balance is essential for a successful auction.Moreover, the lower limit on bids can vary depending on various factors, including the item's rarity, condition, and market demand. For example, a rare collectible might have a significantly higher lower limit on bids compared to a common item. Sellers must conduct thorough research and analysis to determine the appropriate lower limit that aligns with current market trends.In addition to traditional auctions, the concept of a lower limit on bids is also applicable in online bidding platforms. Many e-commerce sites have implemented systems where sellers can set a minimum bid amount. This feature protects sellers from receiving bids that are too low and ensures that only serious bidders participate in the auction. It also helps create a more competitive environment, as bidders are encouraged to place higher bids to meet or exceed the lower limit on bids.In conclusion, the lower limit on bids is a fundamental aspect of the bidding process that serves to protect sellers and guide bidders in their decision-making. Understanding this concept can lead to more informed bidding strategies and ultimately result in a more satisfactory outcome for all parties involved. Whether in a traditional auction house or an online marketplace, recognizing the significance of the lower limit on bids can enhance both the buying and selling experience, ensuring that transactions are fair and equitable. As a participant in the bidding process, whether as a buyer or seller, being aware of the lower limit on bids allows for better negotiation and a clearer understanding of the item's value in a competitive market.

在拍卖和竞争性投标的世界中，理解“lower limit on bids”这一概念对买家和卖家来说至关重要。该术语指的是卖方在拍卖或投标过程中愿意接受的最低价格。设定“lower limit on bids”可以确保卖方不会以低于物品价值的价格出售其珍贵物品。它作为一种保护措施，防止物品被低估，并有助于维护拍卖物品的感知价值。在参与拍卖时，投标者必须了解“lower limit on bids”，因为它直接影响他们的投标策略。如果投标者对某个物品感兴趣，但起始投标价低于“lower limit on bids”，他们可能会选择不参与，直到投标达到更有利的范围。这可能会导致紧张的气氛，因为投标者等待拍卖是否会达到卖方的期望。从卖方的角度来看，设定“lower limit on bids”也会影响拍卖的动态。例如，如果卖方将其下限设定得过高，他们可能会吓跑潜在投标者，因为起始价格可能显得不合理。相反，设定得过低可能会导致快速销售，但价格却无法反映物品的真实价值。因此，找到合适的平衡对于成功的拍卖至关重要。此外，“lower limit on bids”的数值可能因多种因素而异，包括物品的稀缺性、状况和市场需求。例如，稀有的收藏品可能具有显著更高的“lower limit on bids”，而普通物品则相对较低。卖方必须进行充分的研究和分析，以确定适当的下限，确保与当前市场趋势保持一致。除了传统拍卖之外，“lower limit on bids”的概念同样适用于在线竞标平台。许多电子商务网站实施了卖方可以设定最低投标金额的系统。此功能保护卖方免受过低投标的影响，并确保只有真正认真的投标者参与拍卖。它还帮助创造一个更具竞争力的环境，因为投标者被鼓励提出更高的投标，以满足或超过“lower limit on bids”。总之，“lower limit on bids”是投标过程中的基本方面，有助于保护卖方并指导投标者做出决策。理解这一概念可以导致更明智的投标策略，并最终为所有参与方带来更满意的结果。无论是在传统的拍卖行还是在线市场，认识到“lower limit on bids”的重要性可以增强买卖体验，确保交易公平公正。作为投标过程的参与者，无论是买方还是卖方，了解“lower limit on bids”可以更好地进行谈判，并更清晰地理解物品在竞争市场中的价值。