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Definition of Auction sale
1. Noun. The public sale of something to the highest bidder.
Generic synonyms: Sale
Examples of category: Upset Price, Bid, Offer, Tender, By-bid, Overbid, Underbid, Outbid, Underbid
Derivative terms: Auction, Auctioneer
Lexicographical Neighbors of Auction Sale
Literary usage of Auction sale
Below you will find example usage of this term as found in modern and/or classical literature:
1. Real Estate Principles and Practices by Philip Adolphus Benson, Nelson Luther North (1922)
"An auction sale is a public sale to any person bidding the highest price, ...
An auction sale on the other hand is public and any person may become the ..."
2. An American Glossary by Richard Hopwood Thornton (1912)
"An auction sale. Boston Evening Post, Aug. 2. 1765-75 Many Sales at Public Vendue
announced in the Boston- 1762 A public Vendue at the house of Deacon ..."
3. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1905)
"... and there is nothing to show that a larger price may reasonably be expected,
it does not follow that an auction sale would be ordered. ..."
4. A Treatise Upon Some of the General Principles of the Law: Whether of a by William Wait (1877)
"ACTIONS FOUNDED UPON auction sale. Section 1. Auctioneer may sue. See ante, 478,
art. 2, § 6. ... And where the conditions of an auction sale expressly ..."
5. Benjamin's Treatise on the Law of Sale of Personal Property: With References by Judah Philip Benjamin, Edmund Hatch Bennett (1888)
"The essence of an auction sale is that everything should be open and above-board.
Conover v. Walling, 15 NJ Eq. 173. So it is a fraud on buyers to advertise ..."