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Topical Terminology > Multiple Lot, Single Sale Price Auction Format



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Multiple Lot, Single Sale Price Auction Format

For Multiple Lot, Single Sale Price Auction Format we have a term and definition in Auction.



Multiple Lot, Single Sale Price Auction Format (Auction)

This type of auction is for Sellers who will sell multiple items to multiple people for the same sale price. This is helpful for sellers who want the simplicity of not accounting for multiple prices to multiple buyers - it is specifically helpful when selling hundreds of identical lots.


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