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a common term used in online gaming to refer to players who bought there accounts/items off of a website. (e-bay being a generic one where you CAN buy items but there are many others). Generally made fun of/disliked because they did almost no work to get there uber 1337 items and there made fun of because they actualy spent money on things that are just 1's and 0's.
"Legit" PLayer: nice equip.
"E-bayer": thx cost me <insert price here>
"legit: player": lol what a n00b. wastes money on items
e-bayer by harrinator September 10, 2005
Related Words
eBayed got-ebayed e E-Boy E.M.A e-tard E-bay e-z E.Bola e-man
The act of being royally fucked, either through excessive charges or unfair practices. Derived from the process of listing an item on the auction site, eBay, wherein you are required to pay a listing fee, a percentage of the final valuation, and then charged for using the eBay owned site, Paypal as a mandatory payment facility; resulting in you wishing you hadn't bothered listing the fucking item in the first place.
"I've just recieved my paycheck and I'm £200 short. I've been fucking eBayed!"

"Electronic Arts have eBayed us; they've only sold us 80% of the game, the rest is downloadable content we have to pay for..."
eBayed by Madnas August 20, 2012

got-ebayed

when you pay for something on ebay and receive nothing!!
when you pay for an item you won and they send you nothing and the seller closes their account, " dude i just got-ebayed"
got-ebayed by otti July 13, 2009
To have sold something on the internet, typically (but not always) on eBay.

In MMO video games, digital property (see loot) is often sold thru venues other than eBay. However, the act is still commonly referred to as eBaying of items.
Usage in online MMO video games:
He was uber until he eBayed his account to some n00b.

Other usage:
I eBayed my father-in-law's false teeth.
eBayed by Feetus May 4, 2006
That's as fake as ebay seller protection
you've just been ebayed...
eBayed by yogozoo September 17, 2016
To Beat Someone On Bidding On An Iteam On Ebay.
Ray: I Want To Win This Paramore Poster!
Ben: Cmon Ebay That Son Of A Bitch!
Ray: Yes I Ebayed That Tard!
Ebayed by Dark Lust January 25, 2009