Gallery picture: For 35 cents, sellers can add a thumbnail picture of their item that will appear next to the item in the search results.

Gift icon: Icon added during the listing process to let buyers know the item would make a great gift. Sellers using this icon should be willing to offer one of the following: gift-wrapping/card, express shipping or shipping to the gift recipient. The cost to have the gift icon next to your listing is 25 cents.

Gross merchandise volume (gmv): eBay's term for total sales for active listings or of all the items sold

Id verify: Establishes proof of identity, helping others trust you as a seller or buyer. ID Verified users can buy with eBay's Buy It Now feature (where offered), bid above $15,000, and sell in Fixed-Price format.

Immediate payments: Sellers who set a Buy It Now price for their item can require the buyer to pay immediately using PayPal. Sellers might use this feature if they're selling a time-sensitive item (for example, concert tickets).

Insertion fee: The nonrefundable fee charged by eBay to post a listing

Internet marketing: Any online advertising, such as banner ads, paid search and e-mail

Item listing: Information about a seller's item posted on eBay

Item specifics: Item specifics (such as shoe size and color) let sellers add standardized details that help make the listing easy to find. This gives buyers an easy and fast way to search for the item using Product Finder, and makes the basic facts about the seller's item clear and accessible in the listing.

Learning center: A collection of educational tours and tutorials that teach people how to use eBay

Matching categories: A way to narrow search results by choosing a category that matches the item a person is looking for; for example, "Books"

Maximum bid: The maximum amount a buyer is willing to bid and pay for an item in a specific auction-style listing

Minimum bid: The lowest amount that can be entered as a bid for a specific auction-style listing

Mint: A subjective term used to describe an item in perfect condition

Multiple item auction: See Dutch Auction.

My eBay: A personal dashboard that shows all of a person's activity on eBay, including purchases and sales. It is free; every person registered on eBay has this page.

Natural search: There are two main search classifications: natural search and paid search. While paid search refers to all pay-per-click advertising (such as Google AdWords and Overture), natural search refers to all unpaid search results based on relevance.

Online auction: Lets bidders compete for your item

Online dispute resolution (odr): Through third-party provider SquareTrade, users with disputes can request the services of a professional mediator, who can assist users in finding a mutually acceptable resolution.

Opening value: Another term for a starting price

Outbid: A bidder is outbid when another bidder has placed a higher maximum bid than theirs.

Paid search: Paying a search engine for a position in search results. Sellers may buy keywords on search engines, such as Google, and their website will appear in the search results.

Paypal: An online payment service that allows sellers to accept credit card and bank account payments from buyers

Paypal buyer credit: A new funding-source option for U.S. buyers. This funding option may be used to send money to any PayPal Business or Premier Account. Sellers who qualify to offer promotional financing will see the offer in the eBay "Sell Your Item" form as they list their product.

Paypal buyer protection: Provides free coverage up to $1,000 when a buyer uses PayPal to pay for a qualified listing on eBay

Paypal seller protection policy: Protects sellers against fraudulent buyers by providing up to $5,000 in annual chargeback protection at no additional cost when sellers follow the Seller Protection Policy guidelines

Powerseller: eBay top sellers who sustain a consistently high volume of monthly sales and a high level of total feedback, with a 98 percent or better positive rating from other eBay users; starts with Bronze and goes up to Titanium for the highest level of sales

Private listing: A type of eBay listing where the bidders' User IDs are not disclosed on the listing page

Prohibited items: Items not allowed to be sold on eBay. Sellers are responsible for checking if their item is allowed on eBay by reviewing Rules & Policies in the "Help Topics" section of Help.

ProStores: A turnkey e-commerce solution for businesses that want to sell online. It resides outside the eBay marketplace.

Proxy bidding: A feature that allows you to enter the maximum amount you're willing to pay for an item; the eBay system automatically places bids on your behalf, increasing your bid as necessary by standard increments to maintain your high-bid position.

Registration: Needed to buy and sell on eBay. Users provide basic contact information, which is kept private.

Reseller marketplace: A new eBay marketplace for PowerSellers to acquire inventory for resale

Reserve price: A hidden minimum amount the seller is willing to accept for a listed item

Restricted items: Items that have restrictions for selling on eBay, but are not completely prohibited. Sellers are responsible for checking if their item is allowed on eBay by going to Rules & Policies in the "Help Topics" section of Help.

Sales reports: Help sellers track key performance metrics so they can determine areas of opportunity and areas needing improvement

Search optimization: Making sure a seller's eBay Store has appropriate keywords in the description so that items will appear when someone does an internet search on the item. (See Natural Search.)

Second chance offer: A seller's Second Chance Offer to a bidder other than the auction's winner, which a seller can offer when the winning bidder in an auction fails to pay for the item or the seller has a duplicate item for sale but hasn't chosen to run a Multiple Item Auction

Security & resolution center: A page on eBay where users learn about trading safely. It's also the place to go when you have an issue you need to resolve.

Seller's account: The account users are given when they register on eBay as a seller

Selling manager and selling manager pro: Tools that allow sellers to perform all their listing and sales-related activities from one location in My eBay

Selling resources: The page shown when you click on the "Sell" link at the top of any eBay page. Contains a host of selling information, such as how to put an item up for sale and tools to make the listing process easier

Shill bidding: The practice of deliberately placing bids to artificially raise the price of an auction item. Shill bidding is not allowed on eBay and is illegal in many jurisdictions.

Shipping calculator: A free tool you can include in your listings so buyers can automatically view the correct shipping cost for their specific location.

Shipping center: A page on eBay with information to make shipping eBay items easier

Site map: An organized list noting where users can find information on eBay, accessed by a link at the top of any eBay page

Sniping: Placing a bid in the closing minutes or seconds of a listing

Solutions directory: Features eBay and third-party software and services designed to improve productivity on eBay. Each software application listed in the Solutions Directory is technically compliant with eBay.

Spam: Unsolicited commercial e-mail

Spoof e-mail: A suspicious-looking e-mail that appears to be from eBay or PayPal asking you for personal or financial information. Do not respond, and report these to either spoof@ebay.com or spoof@paypal.com.

Starting price: The price at which bidding on an item begins; also, the lowest price a seller is willing to accept unless you have specified a Reserve Price

Third-party provider: Usually software or service providers that develop programs to help eBay sellers be more productive

Trading assistant: Experienced eBay sellers who sell items on eBay for others for a fee

Turbo lister: A free listing tool from eBay that helps you list many items at a time

Unpaid item: When a buyer or winning bidder commits to buy, but does not go through with payment. After you report the Unpaid Item, you can relist it or try making a Second Chance Offer.

User id: A user's identity on eBay

Verified rights owner program (vero): Lets owners of intellectual property rights request the removal of listings on eBay that offer items or contain materials that infringe on their rights. This helps protect members of the eBay Community from purchasing items that may be counterfeit or otherwise unauthorized.

Want it now: A new format on eBay enabling buyers to let sellers know what they are looking for and allowing sellers to respond to buyers with eBay listings

Acronyms

BIN: Buy It Now

FS: Factory Sealed

GU: Gently Used

GW: Gently Worn

MWT: Mint With Tag(s)

NBW: Never Been Worn

NIB: New in Box

NR: No Reserve

NWT: New With Tag(s)

S/H: Shipping & Handling
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Alright lets get down to the real deal now

Google products & use a real online store & use your credit card so you are protected from fraud.

Most idiots use ebay and get excited because they are bidding on items, its a rush huh.
Price watch things and see how cheap you can find it online at a real store with real protection from fraud.
Then make your comparison to the crap ebay sells and you will see it is overpriced.

Here is a great loophole in eBay and Paypal if the Seller is mal informed.
And don't you make this mistake if you want to sell items.

If a buyer purchases on item on ebay and has it shipped out to them, Paypal and Bidpay both require a tracking number and signature upon delivery otherwise the seller is not protected from fraud.

So if you are a stupid seller and send the item out in regular mail or you have it shipped and not require a signature then a buyer can simply claim he/she never received the item and Paypal & Bidpay alike will refund the money to this buyer.

If you mail things out to an unconfirmed address with Paypal or mail and item to a different address under Bidpay it will also not be covered even if you get tracking numbers and require a signature.

Crazy stuff huh.

So as a buyer you can defraud sellers for sending items without proof of signature and tracking numbers or if they do send it correctly to an unconfirmed address.  All you have to do is file the claim and you can defraud sellers all day long with this system.  So if you plan to sell items don't be stupid.

Have you ever wondered why shipping is so much on ebay?

Well, now you know that it is because of the shipping requirement.  So if you go online to a store then you can have it sent out cheaper and wow you are protected from fraud by your credit card.  So do the math you pay more on eBay.

But if you don't believe in Karma and find an ignorant seller then it might just be free stuff for you on eBay.

Here are some good laughs for everyone

Google:   ebay sucks
Read some blogs and laugh at how crappy this auction service is from real users