Auction theory — is an applied branch of game theory which deals with how people act in auction markets and researches the game theoretic properties of auction markets. There are many possible designs (or sets of rules) for an auction and typical issues studied… … Wikipedia
auction — 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 … Law dictionary
auction — [ôk′shən] n. [L auctio, an increasing, sale by increase of bids < auctus, pp. of augere, to increase: see WAX2] 1. a public sale at which items are sold one by one, each going to the last and highest of a series of competing bidders 2. AUCTION … English World dictionary
auction 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 … Law dictionary
auction — [n] competitive sale; sale by bid bargain, jam*, sell off; concepts 324,345 … New thesaurus
Auction — 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… … Wikipedia
Auction rate security — An auction rate security (ARS) typically refers to a debt instrument (corporate or municipal bonds) with a long term nominal maturity for which the interest rate is regularly reset through a dutch auction. It could also refer to a preferred stock … Wikipedia
auction — A common method of issuing gilts. Similar to a tender offer. In an auction, investors apply to buy the new gilts being issued, specifying the amount they wish to purchase and the price they are prepared to pay. The new gilts will be issued to… … Financial and business terms
auction — auctionable, adj. auctionary, adj. /awk sheuhn/, n. 1. Also called public sale. a publicly held sale at which property or goods are sold to the highest bidder. 2. Cards. a. See auction bridge. b. (in bridge or certain other games) the competitive … Universalium
Competitive Bid Auction — An auction method commonly used to issue government bonds, with underwriters submitting bids for certain amounts. The bonds are then allocated according to the level of demand at rates determined by the level of the bids. The highest bids are… … Financial and business terms
Auction Market — A market in which buyers enter competitive bids and sellers enter competitive offers at the same time. The price a stock is traded represents the highest price that a buyer is willing to pay and the lowest price that a seller is willing to sell… … Investment dictionary