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 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.

Examples of public auction in a sentence

• By registering to participate, bidding or purchasing in a AMBANK (M) BERHAD / AMBANK ISLAMIC BERHAD auction sale via Online Public Auction, you expressly agree to be bound by these terms and conditions in full.

• By registering to participate, bidding or purchasing in a CIMB BANK BERHAD/CIMB ISLAMIC BANK BERHAD auction sale via Online Public Auction, you expressly agree to be bound by these terms and conditions in full.

• By registering to participate, bidding or purchasing in a OCBC BANK (MALAYSIA) BERHAD / OCBC XX-XXXX BANK BERHAD auction sale via Online Public Auction, you expressly agree to be bound by these terms and conditions in full.

• By registering to participate, bidding or purchasing in a UNITED OVERSEAS BANK (MALAYSIA) BERHAD auction sale via Online Public Auction, you expressly agree to be bound by these terms and conditions in full.

• By registering to participate, bidding or purchasing in a HSBC BANK MALAYSIA BERHAD / HSBC AMANAH MALAYSIA BERHAD auction sale via Online Public Auction, you expressly agree to be bound by these terms and conditions in full.

More Definitions of public auction

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.

public auction means an auction conducted

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 a method of sale under which—

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 method of sale where—

public auction means the public sale of an interest in an oil and gas royalty, lease, or mineral deed to the highest bidder when the offer of the interest and the bids are communicated through open, public outcry and the sale is complete when the auctioneer so announces by the fall of the hammer or other customary manner.