Collector & Reseller Glossary
What the jargon actually means — and what it does to resale value. 3,211 terms across 12 categories.
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10 terms in Reselling starting with “A” · page 1 of 1
- abandoned cartResellingThis refers to a situation where a potential buyer adds items to an online shopping cart but leaves the website before completing the purchase and paying for the goods. For online resellers, this is a metric indicating l
- acceptable conditionResellingThis term refers to the agreed-upon standard of quality for an item being sold, indicating that while it may not be brand new, it is functional and cosmetically sound enough for a buyer to consider it a worthwhile purcha
- acquisition costResellingThis refers to the total amount of money spent to acquire an item, including the purchase price, shipping fees, and any necessary initial fees or taxes. For resellers, understanding this cost is fundamental because it es
- antique sourcingResellingThis refers to the entire process of finding and acquiring items with significant age or historical value for the purpose of resale or collection. It involves scouting various locations, such as estate sales, flea market
- arbitrageResellingThis strategy involves purchasing an item in one market or location where it is priced low and then immediately reselling it in another market or location where the same item commands a higher price. Essentially, you are
- auction durationResellingThis refers to the set timeframe during which an item is listed and available for bidding on an online marketplace. It dictates how long potential buyers have to view the item, assess its condition, and place their bids.
- auctioneerResellingAn auctioneer is the professional who manages and conducts an auction, calling out items and driving the bidding process. For resellers and collectors, understanding the auctioneer's role is crucial because the environme
- authenticated itemResellingThis refers to an item that has been verified by a recognized third-party service or expert to confirm its authenticity. In the world of collecting and reselling, this is crucial because counterfeits are rampant, especia
- authenticity certificateResellingThis document serves as official proof that an item is genuine and not a counterfeit. For resellers and collectors, this is crucial because the market is flooded with reproductions, especially for high-value collectibles
- average selling priceResellingThis metric represents the typical price at which an item has recently sold within a specific market or platform. It's calculated by taking the total revenue generated from a set of sales and dividing it by the number of