E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
NBA draft lottery. The NBA Draft is an annual event held since 1985 by the National Basketball Association (NBA), in which the teams who had missed the playoffs that year participate in a lottery process to determine the draft order in the NBA draft.
Explaining how the NBA Draft lottery works. How the NBA's weighted draft system works can be confusing, so we set out to explain just how your favorite team could end up with the top pick in the 2014 NBA Draft. Update: Cleveland wins the top pick in the NBA Draft. The top picks in the 2014 NBA Draft will be determined when the draft lottery is held on Tuesday at the Barclays Center in New York.