(Partial) Glossary of Terms for the Mobile Device Broker & Liquidation
An asset disposal (Mobile Device) is an event, normally recorded in the
fixed asset register, whereby a fixed asset MOBILE DEVICE is disposed of, normally because it has reached or surpassed its
impairment (Mobile cosmetic) is a condition whereby an a MOBILE DEVICE Asset’s market value falls below its carrying
amount. In this case, an asset’s market valuation is less than the book value of the asset and the future cash flows
to be generated from the asset are less than the net difference of the market value and the book value of the asset.
As of March 20th 2010 we now have over 12,889 successful-profit
generating and happy-aggressive Affiliates involved VERY large revenue streams in these regions (over $1.2 million year annual
income flow from Mobile Devices IT Assets and Asset Recovery) which are: Texas and Kansas and NYC and Boston and now even
Georgia .................and all across America.
Asset Re-life MOBILE DEVICE
An asset re-life is an (Wireless-Mobile) event, normally recorded
in the fixed asset register, whereby a fixed asset’s useful life is altered in some way, whether minimized or extended.
An asset transfer is an event, normally
MOBILE DEVICE recorded in the fixed asset register, whereby a fixed asset is physically moved from one department or location
Stumped? don't "get it" yet? Please continue on.....
is Global but yet individuals in local
American communities are making money as Mobile Device Brokers & Liquidators.....right
ADDY: An abbreviated term for e-mail
Google’s term for pay-per-click advertising.
AG: An abbreviation for the term about
good, used to describe the condition of an item.
a.k.a.: An abbreviation for also known
A/O: An abbreviation for all original, an auction term used to describe the
condition of an item. All original is best used in the auction title to save space.
A term identifying auction items that are sold without warranties as to the condition of the property. Items sold without
warranties may be damaged or have missing parts. See also caveat emptor.
An abbreviation for as soon as possible.
average selling price (ASP): The average
price at which an item sells, or the average price of all items sold by a particular seller in a given period. When calculating
ASP, only count items that have actually been paid for; do not count sales to nonpaying bidders.
An abbreviation for at the moment.
auction: The standard selling format on eBay. A seller offers
one or more items at a set starting price; buyers then visit the listing and bid on the item during an established period
of time. When the disposal ends, the high bidder (or bidders) buys the item from the seller at the winning bid.
Buy It Now (BIN):
The BIN option allows a seller to set a purchase price that, when selected by a Broker, ends an schedule immediately and sells
the item on the spot.
BIN Rate: The percentage of items sold with BIN or any fixed-price format.
An abbreviation for black and white.
BC: An abbreviation for back cover.
An abbreviation for by the way.
blocked bidders: A seller’s list of specific eBay members
who are prohibited from participating in that seller’s auctions.
A seller’s option that posts a shipping calculator in an auction description. When buyers enter their zip codes, the
calculator estimates applicable shipping costs.
BC: An abbreviation for back cover.
Caveat Emptor : A Latin term for “Let the buyer beware;” also a legal maxim
stating that the buyer takes all the risk in a transaction.
COA: An abbreviation
for Certificate of Authenticity; a legal guarantee that an item is genuine (usually certified by an expert).
An acronym for the continental United States (not including Alaska and Hawaii).
Collusion: (See shilling)
consignment selling: An arrangement in which one sells offlds on behalf of the item’s
owner, and in turn receives a commission for his or her efforts should the item sell. See Trading Assistant
(CR): The percentage of IT Disposals closed successfully (i.e. with items sold) out of the total units listed.
An abbreviation for the term doing business as. This is the legal term for using a business name instead of your
real name. For example, you incorporate as John Jones, Inc. but the name you do business as is The Sell More Company.
deadbeat bidder (DBB): A winning Broker who fails to complete a transaction.
A listing that starts at $1 with no reserve (Dollar no reserve)
DOA: An abbreviation
for dead on arrival; a term used when the item you just purchased doesn’t function properly upon receipt.
A business model in which a seller hires a wholesale vendor to ship products directly to the seller’s customers. With
drop shipping, the seller lists the item on Broker sites at a price that is higher than the drop shipper’s wholesale
price. Once a sale is made, the seller collects the payment and shipping fee from the buyer, and then sends a payment to the
drop shipper, who in turn ships the item directly to the seller’s customer.
An abbreviation for digital subscriber line; a high-speed Internet connection through a special phone line.
A specific group of characters used to form facial expressions in e-mails. For example, :-) is a smiley face.
A buyer’s deposit or fund entrusted to a third-party that will hold the payment until the seller makes delivery of merchandise
to the buyer.
FAQ: An abbreviation for frequently asked questions; a list of common questions
and their answers made readily accessible for new and inquiring users.
feedback (FB): Short
comments posted by parties in an IT Asset Disposals transaction regarding their satisfaction with the sale. A feedback comment
becomes a permanent part of a member’s reputation and is public viewing for the Broker community.
Protocol (FTP): A method of exchanging files over the Internet.
Final Value (FV): An
item’s final selling price without shipping costs.
Final Value Fee (FVF): The eBay seller’s
fee upon making a successful sale.
Fixed Price listing: An item for sale at a Buy It Now price.
There is no bidding with a Fixed Price listing; buyers can purchase items immediately at the set price.
A series of angry e-mails or posts to a message board.
Free On Board (FOB): A term indicating
that goods will be placed onto shipping transport without a loading fee. The FOB location is the point at which the
buyer obtains ownership of goods while they are in transit and, consequently, when the buyer becomes responsible for shipping
charges. For example: If I quote a price for a pallet of goods as “FOB Trenton, NJ,” the buyer’s total price
includes the cost of freight from Trenton to the delivery location.
Gently Used: A term indicating
that an item was previously owned, but shows little wear.
gross merchandise sales (GMS): The total
dollar value of your sales over a specified period of time.
HP: An abbreviation for home page.
HTML: An abbreviation for hypertext markup language.
A clickable photo or line of text on a Web page that takes you to another page on the Internet.
abbreviation for Internet Explorer.
IMHO: An acronym for the phrase in my humble opinion.
IMO: An acronym for the phrae in my opinion.
internet service provider (ISP):
A business or organization that offers users access to the Internet and related services. Well-known ISPs include Earthlink,
AOL, MSN. and some telephone companies. Sometimes called Internet access providers.
An acronym for Joint Photographic Experts Group; the preferred file format for pictures on eBay (pronounced JAY-peg).
link: See hyperlink.
LOL: Laughing out loud (sometimes seen
as ROFL, for rolling on the floor laughing); this abbreviation is used frequently in e-mails to and from buyers and
in posts on the Broker message boards.
lot or lots: Similar items sold in bulk quantities. Lots are
normally sold at discount or wholesale prices.
LTD: An abbreviation for limited edition.
An item that has never been used and is in perfect condition.
MIB: An abbreviation for mint in box.
MIMB: An Abbreviation for mint in mint box.
MIMP: An abbreviation
for mint in mint package.
MIP: An abbreviation for mint in package.
An abbreviation for mint no box.
MOC: An abbreviation for mint on card.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++IBC — Inside back cover
Below 2nd and 3rd tier common broker-liquidator (Mobile Devices) terms used in small to medium B2B sometimes "regular"
IFC — Inside front
Imp. — Imported
Init. — Initialed
Ins. — Insurance
L — Large
— Letterbox (widescreen) format
LE — Limited edition
Liq. — Liquidation
LN — Like new
LOT — Group of multiple items sold together as a "lot"
— Limited edition
M — Medium
MC — Miscut
— Mint in box
MIBP — Mint in blister pack / Mint in bubble pack
Mint — In original retail condition
— Mint, no box
MO — Money order
— Method of payment
MP — Matched pair
— Must see / Microsoft
NB — No box
— Never been used
NBW — Never been worn
— Negative feedback
NIB — New in box
— New in blister pack / New in bubble pack
NM — Near mint
NOS — New old stock
— No reserve
NS — No shipping
— Not worn / Never worn / Needs work
NWT — New with tags
are some very outstanding suppliers for Mobile Device Brokers:
is the World's Largest B2B Wholesale Hardware Network exclusively for Brokers, Resellers, and Integrators. We currently are
servicing over 10,000 members in 63 countries. Our unique sourcing and searching tools were requested by and designed for
companies like yours. Buy and sell new/used systems, software, parts, peripherals and bulk shipments in RECORD TIME!!!
Asset Management Services Nationwide
Phone: 1-714-280-0727 Fax: 1-714-777-98
A-Z computer liquidators provide used computer liquidation,
network asset recovery services to business, government & corporate institutions nationwide.
used, refurbished, surplus electronics, excess and idle technology assets into cash. Data centers nationwide removing
idle equipment utilize our asset recovery services. They buy used Cisco equipment, used computers, laptops, hard disk drives, motherboards,
Pentiums and more.
They work with CIO's / CTO's, Sr. network engineers, MIS managers, resellers, system integrators and technology
specialists in the liquidation, asset recovery and disposition of their excess computer and network equipment.
Used computers and network equipment is made available for sale to a subscribed base of buyers of business liquidation
A-Z Liquidation has successfully worked with our Mobile Device Brokers
and Liquidation Specialists for over three years.
A-Z asset recovery
specialists specialize in technology remarketing of refurbished, off-lease surplus computer hardware from fortune-class companies
Their business liquidation clients consist of (IT)
information technology managers, (Oem's) original equipment manufacturers, distributors,
Computer, hi-tech brokers,
used computer dealers, electronics, network equipment resellers & secondary market wholesalers of
and technology equipment.
dealer to dealer wholesale of overstock & closeout computer surplus assets.
A-Z has outlets and independent Liquidators nationwide.....it's usually best to deal with one of their
Reps-Brokers that's near your area.
Corporate investment recovery - A-Z computer liquidators service US cities across the USA-
North Little Rock
Santa Ana, CA.
West Palm Beach
Ft. Lauderdale, FL.
Coeur d'Alene, ID.
Surplus California's premier computer wholesale liquidator, with affiliate offices nationwide, offers business technology
liquidation services, disposition
/asset recovery solutions for Mobile Devices and computer network hardware equipment.
They specialize in remarketing and sales of open-box,
pulled and refurbished computers, laptops and netbooks,
LCD monitors, peripherals, servers, and network equipment.
Golden Surplus has a proven successful track record
working with our Mobile Device Brokers and Liquidation Specialists.
Their asset recovery specialists make the equipment
removal process quick and profitable for the selling customer.
Convert surplus, excess and retired technology
equipment into cash. They buy pallet and truckloads of used computer equipment, a storage
room of desktop PCs, LCD monitors
and network equipment.