Open auction definition
Open auction. An automated method for the selling of the inventory via real-time bidding (RTB), where the marketing offer of Partner is sent to all available Demand Partners in real time and the selling price is determined by auction.
Open auction means a bond sale procedure that allows a bidder to receive information with respect to the ranking of its bids prior to the conclusion of the bidding period in accordance with the municipality's notice of such bond sale circulated in accordance with applicable requirements of this chapter.
Examples of Open auction in a sentence
Open auction is initiated by sending for publication a concession notice, by which the contracting authority / entity requests economic operators to submit tenders.