English: reverse auction

Part of speech

Noun, Feminine, Singular

Plural

ocsiynau lleihau pris

Definition

The two major types of the electronic auction are forward auction in which several buyers bid for one seller's goods and reverse auction in which several sellers bid for one buyer's order.

Notes

Mae’r term hwn yn ymwneud ag ocsiynau ar-lein yn bennaf. Weithiau defnyddir y term ‘reverse eAuction’.