Auction or Auction Sale
Barron's Business Dictionary:
Top
Auction or Auction Sale
Way of marketing property without a set price. bids are taken verbally on the spot, by phone, by mail, by telegram, etc., and the property is sold to the highest bidder.
Auctioning real estate may require both an auctioneer’s license and a real estate license.
See also dutch auction.
Auctioning real estate may require both an auctioneer’s license and a real estate license.
See also dutch auction.
| Auction Exchanges, Attrition, Attribute Sampling | |
| Auctioning, Audience, Audit |
Post a question - any question - to the WikiAnswers community:
Copyrights:
Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
Read more