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So what is "times the money?"

Apr 08 2020

So what is “times the money?”

Like every other business, the auction business has its own jargon. “Times the money” means that when similar or compatible items are being sold, the price for one item is multiplied by the number of items sold. For example, if the Quantity in the Item Description Box on the online auction catalog states a quantity of two, this means the item will be sold as “times the money” and if you are the high bidder at $125, you will pay $250 for the chairs.