Words similar to second-bid

Example sentences for: second-bid

How can you use “second-bid” in a sentence? Here are some example sentences to help you improve your vocabulary:

Most eBay items are sold in "second-bid" auctions, which means the high bidder gets the item and pays the amount of the second-highest bid (I've left out a few complications that can be ignored here).
Ordinarily, there is only one sensible strategy in a second-bid auction: Bid the highest amount you'd be willing to pay; then sit back and wait to see if you've won.
But there's no reason to lowball in a second-bid auction, because the amount you pay is independent of the amount you bid.