Learning the eBay "Lingo"

You have to understand sometimes when it comes to eBay? Do not worry, some of the jargon is really unclear, and there can be expected to understand it until someone told you what it means. Here is a small list of some of the most useful lingo to know, but there is no need to remember - even the most common jargon is only used relatively rarely.

Words.
Bid: telling eBay system the maximum price you are willing to pay for an item.
Dutch: an auction where more than one item is available.
Comments: positive or negative comments left about other users on eBay.
Mint: in perfect condition.
Non-payment bidder: the bidder who wins an auction, but then proceed to purchase the item.
PayPal electronic payment method approved by most vendors.
Rare: used and abused on eBay, now entirely meaningless.
Reserve: the minimum price the seller accepts the entry.
Shill bid: a false bid set by the seller trying to drive their price auction.
Snail mail: The message is, of course, is very slow compared to e-mail.
Sniping: offers last minute to win an item before anyone else can offer more than you.

Abbreviations.
AUD: Australian Dollar. Currency.
BIN: Buy now. Auction at a fixed price.
BNWT: Brand new with tags. Lot, which has never been used, and the case is still in its original tag.
BW: Black and white. Used for movies, photos, etc.
CONUS: Continental United States. Generally used by sellers who do not want to post things to Alaska or Hawaii.
EUR: Euro. Currency.
FC: First Class. Type of shipment.
GBP: British Pound. Currency.
HTF: Hard to find. It is not as abused as 'rare', but to get there.
NIB: New in box. Never opened, still in its original box.
NR: No Reserve. Target, in which the seller has not set a reserve price.
OB: Original Box. Target, which has its original box (but may have been opened).
PM: Priority Mail.
PP: Parcel Post.
SH: shipping and handling. The cost of the buyer to pay for shipping.
USD dollars. Currency.
VGC: Very good condition. Not mint, but close.

Chances are that you will find more detailed jargon about what you sell, but it would be impossible to cover everything here. If you can not find one of their information on a topic, type the term into a search engine, followed by the "eBay" word. It is likely that someone, somewhere has seen fit to explain it.
While it is good to be able to understand others' jargon, avoid using it unless you really need (for example, if you need more space in the topic title). Many people on eBay are not experienced buyers and you will lose them if you write a load of gibberish all your auctions.

So far, we are well prepared for life on eBay, and you're probably ready to start with that first auction. To the following e-mail, we will show you how to dive in and start.

1000 Best eBay Success Secrets: Secrets From a Powerseller