What is ebay auction sniper or auction sniping

What is ebay auction sniper or auction sniping
Snipe is the term used to refer to the practice of bidding in the last seconds of eBay auctions. Doing this allows you to win the auction at a low price while not giving others a chance to outbid you. Mor discussion about ebay sniping, strategy, and software about auction sniper can be found here.