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Maiden race. In horse racing a maiden race is an event for horses that have not won a race. [1] Horses that have not won a race are referred to as maidens. [1] Maiden horse races are held over a variety of distances and under conditions with eligibility based on the sex or age of the horse. Races may be handicaps, set weights, or weight for age.
Thoroughbred racing is a sport and industry involving the racing of Thoroughbred horses. It is governed by different national bodies. There are two forms of the sport – flat racing and jump racing, the latter known as National Hunt racing in the UK and steeplechasing in the US. Jump racing can be further divided into hurdling and steeplechasing.
Example: An auction has five bath fragrance gift baskets where bidding is "lot", and the hammer price is $5. The winner must pay $5 (as the price is for the whole lot) and must take all five baskets. Maiden bid – a single bid which wins the lot being offered for sale, with no other bids made.
A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. [1] Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering ...
The auction chant is a repetition of two numbers at a time which indicate the monetary amount involved with the sale of an item. The first number is the amount of money which is currently being offered by a bidder for a given item. The second number is what the next bid needs to be in order to become the "high bidder", otherwise known as "the ...
A uniform price auction otherwise known as a "clearing price auction", pay-as-clear[1] or marginal price auction, "marginal price system" (MPS), [2] is a multiunit auction in which a fixed number of identical units of a homogenous commodity are sold for the same price. Each bidder in the auction may submit (possibly multiple) bids, designating ...
Oliver's paintings are still available from dealers and at auctions. [30] [32] [26] Examples of high recent auction prices for his paintings are £4,320 for The letter at Bonhams on 21 June 2011 and £5000 for Reclining Beauty at Christie's on 11 March 2015. [4] [33]
This is a list of bidding systems used in contract bridge. [1] [2] Systems listed have either had an historical impact on the development of bidding in the game or have been or are currently being used at the national or international levels of competition. Bidding systems are characterized as belonging to one of two broadly defined categories: