Soft Close definition
Soft Close. If a bid is received within the last 3 minutes of the auction, the auction close time will automatically extend 3 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snipers" and encourages fair and impartial bidding from all participants.
Soft Close. A soft close is viewed at the Brokerage Channel customer or FIIOC Plan sponsor level. As of the close date, continued investment in the Fund in question is limited to Shareholders or FIIOC Plan participants who already have active access to the Fund. Shareholders or FIIOC Plan participants who had balances in the Fund may continue to invest, and new Shareholders and FIIOC Plan participants who had access to the Fund can begin to invest in the Fund.
Examples of Soft Close in a sentence
Soft Close: If a bid is received within the last 3 minutes of the auction, the auction close time will automatically extend 3 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing.
Wall Cabinet with 2 Soft Close Doors in White Labor and material Laundry Room Base Trim install base trim New Throughout home 3"1/4 Remove and replace Labor and Materials Debris Removal Bagging for take down Tandem Dump Trailer removal Please Note: If additional damages are found during the repairs a change order will be written covering the additional labor and materials needed to complete the repairs.