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Glossary

Our Glossary explains the key terms you need to know.

The key terms you need to know when taking part in one of our online auctions can be found here. If you've got a specific query that isn't covered in the list below, you can, of course, email us – we're always happy to help.

Auction

Refers to the period of time where bids on the lots are accepted.

The Bidder

Refers to the person that has placed a bid on an auction item.

The Buyer

Refers to the person who has successfully won an auction item.

Charges and Fees

Refer to any extra cost associated to the seller or buyer.

The Company, Ourselves, We and Us

Refer to Whisky.Auction.

Client, You and User

Refer to you, the individual not employed by The Company and acting in the course of their employment, accessing the website and accepting Whisky.Auction terms and conditions.

Hammer Price

Refers to the final bidding/selling price of the lot once the auction has ended, not including charges and fees for the buyer and seller.

Item

Refers to any sealed bottle of whisky, miniature, decanter or whisky-related item consigned to us with a view to its sale.

Lot

Refers to one or more items entered for auction on the website on behalf of the seller. Where a Seller wishes two or more items to be sold separately these shall be deemed to be separate 'Lots' for the purposes of these terms and conditions.

Reserve Price

Refers to the minimum amount to be reached in order to win a lot, fixed by the seller with extra charges.

The Seller

Refers to the person who offered the Lot for sale.

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