Crossword Solver > found answer > PREFUNDS

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prefunds

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The answer PREFUNDS has 0 possible clue(s) in existing crosswords.

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The word PREFUNDS is VALID in some board games. Check PREFUNDS in word games in Scrabble, Words With Friends, see scores, anagrams etc.

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Definitions of prefunds in various dictionaries:

verb - to fund beforehand

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Prefunds might refer to
A Bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction ends after a period of time, typically ten to twenty seconds. Without new bids the last participant to have placed a bid wins the item and also pays the final bid price. The auctioneer makes money in two ways: the fees for each bid and the payment for the winning bid, totalling typically significantly more than the value of the item. Such auctions are typically held over the Internet, rather than in person.

Prefunds might refer to

A Bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction ends after a period of time, typically ten to twenty seconds. Without new bids the last participant to have placed a bid wins the item and also pays the final bid price. The auctioneer makes money in two ways: the fees for each bid and the payment for the winning bid, totalling typically significantly more than the value of the item. Such auctions are typically held over the Internet, rather than in person.

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