Glossary

Platform

Marketplace that participates in Shelf.Network.

Marketplace

Alias of the platform.

User

User of some platform —— can browse lots, participate in auctions, and publish direct sales.

Admin

Privileged account that can manage users and lots of some platform.

Dealer

Privileged account that can create and manage lots on some platform without pre-moderation.

Lot

General term for different tradable goods in Shelf.Network.

Owner

Owner of a lot.

Publisher

Platform that has published a lot.

Direct Sale

Type of a lot with a fixed price.

Auction

Type of a lot that traded on an auction.

Participant

User who participates in a given auction.

Buy Now

Feature of an auction that allows buying a lot for a fixed price immediately. Buy Now price is defined by an owner.

Deposit

Deposit required for participation in an auction. The service fee is collected from the winners deposit.

Shelf Auction

Type of a lot that implements an English auction.

External Auction

Type of a lot that is traded on some external auction service. E.g., lots from IAAI.

Max Bid

In external auctions, a user can submit only one bid with the maximal amount that he/she can afford.

Watchlist

A user may add lots to a personal watchlist.

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