definition of reverse auction
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Reverse auction Reverse auction. A reverse auction is a type of auction in which the roles of buyer and seller are reversed. In an ordinary auction (also known as a 'forward auction'), buyers compete to obtain goods or services by offering increasingly higher prices. In a reverse auction, the sellers compete to obtain business from the buyer and prices will typically decrease as the sellers underbid each other.
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Proxy server 1 A forward proxy is an Internet-facing proxy used to retrieve from a wide range of sources (in most cases anywhere on the Internet). 2  A reverse proxy is usually an Internet-facing proxy used as a front-end to control and protect access to a server on a private network.
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- Definition of reverse fault. : a geological fault in which the hanging wall appears to have been pushed up along the footwall.
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- See also: Reverse discrimination. Reverse racism is a term used to describe acts of discrimination and prejudice perpetrated by racial minorities or historically oppressed ethnical groups against individuals belonging to the racial majority or historically dominant ethnical groups.
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- While reverse bids are not played as absolutely forcing by some partnerships, most play the opener's reverse generally shows 16+ or 17+ points, with 5+ cards in the first suit and 4+ cards in the second suit; the rebid suit is almost never as long a than the first bid suit (see below for exceptions).
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Printing Lingo: What is a Reverse? In the printing industry, a Reverse refers to any text, logo or graphic that is produced using ink to form its outline, allowing the underlying paper color to form the actual image. Reverse Printing vs Traditional Printing. Reverse printing differs from traditional printing by the manner in which the contrast is created on the paper.
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What is a 'Reverse Repurchase Agreement' What is a 'Reverse Repurchase Agreement'. A reverse repurchase agreement is the purchase of securities with the agreement to sell them at a higher price at a specific future date.
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Reverse Proxy A reverse proxy may act either as a simple forwarding service or actively participate in the exchange between client and server. When the proxy treats the client and server as separate entities by implementing dual network stacks, it is called a full proxy. reverse proxy may act either as a simple forwarding service or actively participate in the exchange between client and server. When the proxy treats the client and server as separate entities by implementing dual network stacks, it is called a full proxy.
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- reverse. 1  opposite or contrary in position, direction, order, or character: an impression reverse to what was intended; in reverse sequence. 2  with the back or rear part toward the observer: the reverse side of a fabric.
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Proxy server A reverse proxy (or surrogate) is a proxy server that appears to clients to be an ordinary server. 1  Requests are forwarded to one or more proxy servers which handle the request. The response from the proxy server is returned as if it came directly from the original server, leaving the client no knowledge of the origin servers.
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reverse Reverse is defined as the opposite or the opposing side of something. An example of reverse is pro life to pro choice. Reverse means to go backward, or to turn inside out or to the correct side. 1  An example of to reverse is to back a car out of the driveway.
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- Here are the best explanations I've heard before -. Forward bidding: A standard auctions format where bidding starts at the minimum price acceptable to the seller and increases with every new bid by a fixed increment. Every bidder knows what price is being bid and the highest price bid acceptable to the seller wins.
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- GSA Reverse Auction is an eTool and can be used to facilitate the request for and submission of quotes, offers or proposals for products, services, and solutions through GSA Multiple Award Schedules (MAS) and Blanket Purchase Agreements (BPAs) and Open Market (non-schedule) acquisitions.
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LEARNING CENTER As my friend Marty Bergen says, he advises students to pray that reverses don't come up. Basically, a reverse is when opener's rebid (2nd bid of the auction) meets both A & B: A) Opener's rebid is in a HIGHER ranking suit than his first suit. B) Opener's rebid is at a HIGHER level than responder's response. Just those two simple lines are enough to make many of my students' eyes glaze over.
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Reverse Engineering Reverse Engineering Definition. Reverse engineering is a method of industrial engineering in which one begins with a known finished product and works backward to reveal the processes and specifications involved in the product’s development and manufacture (Nasheri, 2005). * The full technique overview is available for members only.
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Reverse takeover A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public.The transaction typically requires reorganization of capitalization of the acquiring company.n a reverse takeover, shareholders of the private company purchase control of the public shell company and then merge it with the private company.
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- Buyer: The GSA Reverse Auction Platform will collect a Open Market Reverse Auction Fee on all Open Market acquisitions. GSA will collect a 0.75% fee, not to exceed $1,500.00, per line item to be remitted by the Vendors to GSA. The bid price offered by the Vendor and viewed by the Buyer is inclusive of the fee. Vendor: The GSA Reverse Auction Platform will collect a fee on all Open Market acquisitions. GSA will collect a 0.75% fee, not to exceed $1,500.00, per line item to be remitted by the Vendors to GSA.
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reverse/forward stock split reverse/forward stock split. A technique used by companies to purchase back all outstanding stock from certain investors when a relatively unknown number of shares are in question. This strategy requires the company to first announce a reverse split of their stock, followed by a forward split.
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Reverse mortgage Reverse mortgage. A reverse mortgage or home equity conversion mortgage (HECM) is a type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property taxes and homeowner's insurance.
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Reverse takeover A reverse takeover or reverse merger (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company.rocess. In a reverse merger, shareholders of the private company purchase control of the public shell company and then merge it with the private company. The publicly traded corporation is called a shell since all that exists of the original company is its organizational structure.
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What is a reverse auction? A Reverse Auction is an event usually used as the last leg of sourcing and tendering to obtain the best price by encouraging competition among bidders on price. It is hosted by a single buyer and features two or more suppliers competing for business.
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What is Reverse Logistics? We refer to the term reverse logistics as all activity associated with a product/service after the point of sale, the ultimate goal to optimize or make more efficient aftermarket activity, thus saving money and environmental resources. The chart below shows how ReverseLogistics™ comes into play in the Supply Chain.ur definition of Reverse Logistics has evolved since our founding to encourage all industries towards managing their assets Reverse Logistics is the scientific process of managing assets, in every department in all industries and across all disciplines.
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Reverse dictionary A reverse dictionary is a dictionary organized in a non-standard order that provides the user with information that would be difficult to obtain from a traditionally alphabetized dictionary. There are two principal types of reverse dictionaries: reverse word dictionaries, and reverse concept dictionaries. This article discusses reverse word dictionaries; see conceptual dictionary for reverse concept dictionaries. Reverse dictionaries were historically difficult to produce before the advent of th
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How To Buy Foreclosures at Auction “The purpose of a foreclosure auction is to get the highest possible price for the property, in order to mitigate the losses a lender suffers when a borrower defaults on a loan,” says Rick Sharga, executive vice president at Auction.com.
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- Buyer: The GSA Reverse Auction Platform will collect a Open Market Reverse Auction Fee on all Open Market acquisitions. GSA will collect a 0.75% fee, not to exceed $1,500.00, per line item to be remitted by the Vendors to GSA. The bid price offered by the Vendor and viewed by the Buyer is inclusive of the fee.
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What is the repo rate and the reverse repo rate? What effect does it have on the life of a common man? Definition: Reverse repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) borrows money from commercial banks within the country.