public auction definition
public auction means a method of sale where goods or services are offered by the trader to consumers, who attend or are given the possibility to attend the auction in person, through a transparent, competitive bidding procedure run by an auctioneer and where the successful bidder is bound to purchase the goods or services;
public auction means an auction or other competitive sale process in which more than one bidder participates or is invited to participate, which may or may not be conducted through a court or other legal proceeding, and which is conducted with the advice of a Financial Adviser.
public auction or “auction” means any public sale of real or personal property in any manner, whether in-person, via written offers or bids, or online, when offers or bids are made by prospective purchaser and the property is sold to the highest bidder.
More Definitions of public auction
public auction means any place or location where dogs or cats are sold at auction to the highest bidder regardless of whether such dogs or cats are offered as individuals, as a group, or by weight.
public auction means an auction conducted
public auction means a method of sale under which—
public auction means a method of sale where a good or a service is offered by the trader to consumers, during an event which is physically accessible to the public, through a transparent, competitive bidding procedure run by a third party (the auctioneer), who, for pecuniary consideration, acts as the trader's agent. In an ascending price auction, the good or service is sold to the consumer or a person acting on his behalf making the highest bid. In a descending price auction, the good or service is sold to the consumer or a person acting on his behalf who is first to agree immediately to purchase the good or service for the asking price;
public auction means the procedure by which the recovery rate of a Reference Entity which is the subject of a Credit Event is determined in the market pursuant to an auction process organised under a protocol or other similar document published by ISDA, any successor thereto, or any other entity which is capable of adherence by participants in the credit derivatives market generally. If there is more than one such auction process, the recovery rate of the relevant Reference Entity determined at the latest such auction process (as at the date the relevant Final Price is being determined) shall be used.
public auction means a public oral outcry auction or a public
public auction means either a tangible event at a public location or an electronic event which is advertised and made available to the public via the Internet.