terms of auction
1auction — auc·tion n: a public sale of property to the highest bidder see also reserve Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. auction …
2auction sale — 1. The seller seeks competing bidders for the target company or business. This competitive process benefits the seller as it enables it to obtain the best price and sale terms and control the documents (which it normally drafts) and timetable. 2 …
3Auction — Auctioneer redirects here. For the DC Comics supervillain, see Auctioneer (comics). An auctioneer and her assistants scan the crowd for bidders. An auction is a process of buying and selling goods or services by offering them up for bid, taking… …
4auction — /okshsn/ An auction is a public sale of property to the highest bidder by one licensed and authorized for that purpose. The auctioneer is employed by the seller and is primarily his agent. However, when the property is struck off he is also the… …
5auction — /okshsn/ An auction is a public sale of property to the highest bidder by one licensed and authorized for that purpose. The auctioneer is employed by the seller and is primarily his agent. However, when the property is struck off he is also the… …
6auction market — noun : a trading center operating without set prices, terms and transactions being arranged between sellers offering lowest prices and buyers offering highest …
7Vickrey auction — A Vickrey auction is a type of sealed bid auction, where bidders submit written bids without knowing the bid of the other people in the auction. The highest bidder wins, but the price paid is the second highest bid. The auction was created by… …
8Dutch auction — Auction in which the lowest price necessary to sell the entire offering becomes the price at which all securities offered are sold. This technique has been used in Treasury auctions. The New York Times Financial Glossary auction in which the… …
9Glossary of contract bridge terms — These terms are used in Contract bridge[1][2] , or the earlier game Auction bridge, using duplicate or rubber scoring. Some of them are also used in Whist, Bid whist, and other trick taking games. This glossary supplements the Glossary of card… …
10Unfair Contract Terms Act 1977 — The Unfair Contract Terms Act 1977 is a British Act of Parliament (1977, c 50) which regulates contracts by restricting the operation and legality of some contract terms. It extends to nearly all forms of contract and one of its most important… …
