TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
SECOND-PRICE AUCTION [1 record]
Record 1 - internal organization data 2022-10-31
Record 1, English
Record 1, Subject field(s)
- Sales (Marketing)
- Internet and Telematics
Record 1, Main entry term, English
- second-price auction
1, record 1, English, second%2Dprice%20auction
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- second price auction 2, record 1, English, second%20price%20auction
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
An auction in which the bidder who submitted the highest bid is awarded the object being sold and pays a price equal to the second highest amount bid. 3, record 1, English, - second%2Dprice%20auction
Record number: 1, Textual support number: 1 CONT
In second-price auctions, the highest bidder wins, but only has to pay whatever is needed to just outbid the second highest bidder. In comparison, in first-price auctions, the highest bidder wins, and has to pay whatever they bid. 4, record 1, English, - second%2Dprice%20auction
Record 1, French
Record 1, Domaine(s)
- Vente
- Internet et télématique
Record 1, Main entry term, French
- enchères au deuxième prix
1, record 1, French, ench%C3%A8res%20au%20deuxi%C3%A8me%20prix
correct, feminine noun, plural
Record 1, Abbreviations, French
Record 1, Synonyms, French
- enchères au second prix 2, record 1, French, ench%C3%A8res%20au%20second%20prix
correct, feminine noun, plural
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Enchères aboutissant à la vente du bien à un prix égal au deuxième prix le plus élevé proposé. 3, record 1, French, - ench%C3%A8res%20au%20deuxi%C3%A8me%20prix
Record number: 1, Textual support number: 1 CONT
Dans les enchères au deuxième prix, le plus offrant gagne, mais il ne doit payer que le nécessaire pour surenchérir sur le second plus offrant. 4, record 1, French, - ench%C3%A8res%20au%20deuxi%C3%A8me%20prix
Record number: 1, Textual support number: 1 OBS
Les enchérisseurs savent que le participant qui soumet l'offre la plus élevée remporte l'enchère et qu'il devra payer le prix de la seconde meilleure offre pour acheter le bien. 5, record 1, French, - ench%C3%A8res%20au%20deuxi%C3%A8me%20prix
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Ventas (Comercialización)
- Internet y telemática
Record 1, Main entry term, Spanish
- subasta de segundo precio
1, record 1, Spanish, subasta%20de%20segundo%20precio
correct, feminine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 CONT
En el modelo de subasta de segundo precio, al igual que en la subasta de primer precio, gana el mejor postor. Sin embargo, el precio final no es igual a su oferta inicial, sino tan solo 0,01 $ más que la oferta del segundo mejor postor. 2, record 1, Spanish, - subasta%20de%20segundo%20precio
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