auction Definition

auction

Definition

A method for selling an asset to the highest bidder.

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auction is ...
... part of the Bonds and Stocks subjects.

Related Terms

auction market - More

Treasury auction -

Dutch auction - More

bid, by-bidder, double auction market, foreclosure, National Market Advisory Board, open outcry, outcry, reserve, Treasuries, U.S. Treasury Securities

auction appears in the definitions of these other terms on BusinessDictionary.com

forward auction, auction ring, English auction, reverse auction, Vickrey auction, and