auction
Definition
A method for selling an asset to the highest bidder.
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Related terms:
auction market, Treasury auction, Dutch auction, bid, by-bidder, double auction market, foreclosure, National Market Advisory Board, open outcry, outcry and 
'auction' appears in these other terms:
auction market preferred stock, stated rate auction preferred stock, convertible auction rate preferred stock
'auction' appears in the definitions of these other terms on BusinessDictionary.com: forward auction, auction ring, English auction, reverse auction, Vickrey auction, and
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