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  2. Buyer's premium - Wikipedia

    en.wikipedia.org/wiki/Buyer's_premium

    More recently in the UK, however, repossessed properties have been offered without fee to the seller, but with a buyer's premium of 10%. The buyer's premium has been characterized by auction houses as a necessary contribution to the costs of the administrative process, although some in the auction-buying community see it as an unreasonable ...

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  4. Gross merchandise volume - Wikipedia

    en.wikipedia.org/wiki/Gross_merchandise_volume

    GMV includes any fees or other deductions which a seller might calculate separately. Site revenue comes from fees and is different from the monetary-value of items sold. [1] GMV for e-commerce retail companies means the average sale price per item charged to the customer multiplied by the number of items sold.

  5. Online marketplace eBay to drop American Express, citing fees ...

    www.aol.com/news/online-marketplace-ebay-drop...

    Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to ...

  6. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    Between October 1940 and March 1973 the UK had a consumption tax called Purchase Tax, which was levied at different rates depending on an assessment of goods' luxuriousness. [4] Purchase Tax was applied to the wholesale price , introduced during World War II , initially at a rate of 33.3%.

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