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public sale
public salen. An auction of property or merchandise.auc•tion (ˈɔk ʃən)
n. 1. Also called public sale. a publicly held sale at which property or goods are sold to the highest bidder. 2. a. auction bridge. b. the bidding in bridge or other games. v.t. 3. to sell by auction (often fol. by off): to auction off one's furniture. [1585–95; < Latin auctiō=aug(ēre) to increase, see augment + -tiō -tion]
EncyclopediaSeeauctionpublic sale
public saleAn auction of property after notice to the public. Notice requirements will vary depending on the reason for the sale. |