An acronym used to describe the sale and purchase of an item from one individual to another, as is the case with an online auction. Individuals commonly buy goods and property from each other in the real world (for example, artwork, automobiles, collectibles, and real estate), and now they can do this online. eBay pioneered C2C auctions in 1995, and it has since become one of the Internet's most popular Web sites.
NetLingo Classification: Online Business
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