BNET Business Dictionary
Business Definition for: Auction
- a sale of goods or property by competitive bidding on the spot, by mail, by telecommunications, or over the Internet
Wiktionary Definition for: Auction
- A public event where goods or property are sold to the highest bidder.
- To sell at an auction.
Additional Resources
- Iraq Oil Auction: China's Public Display of Aggression, BP-led Bid Scores Deal
- Iraq's oil auction -- viewed as an opportunity for foreign firms to access the country's rich resources for the first time in nearly 40 years -- didn't quite meet the lofty expectations swirling around it in recent weeks. The auction, which offered up six oil and two...
- Blog posts 2009-07-01
- Merging Auction Houses
- This paper studies the incentives for market concentration of online and traditional auction houses. Would sellers and buyers be better off if two separate auction houses merged? It is supposed that each auction house has a separate clientele of sellers and buyers. Sellers value their identical units at 0, while...
- White papers 2003-02-21
- eBay Auction Brokers, United Auction Brokers, the Leaders in Auction Brokering, Announces the Opening of United Auction Brokers of New York City
- NEW YORK -- United Auction BrokersTM, LLC, www.unitedauctionbrokers.com, the leaders in eBay Auction Brokering, announces the opening of United Auction Brokers of New York City. Now with offices in ten states, United Auction Brokers is in the business of brokering items on eBay for individuals and businesses wishing to sell...
- Research articles 2004-09-15
- SOUTH KOREA: E-BAY ENTERS KOREAN MARKET.(partners with Auction and Lycos)(Brief Article)(Statistical Data Included)
- According to JoongAng Ilbo newspaper (June 10, 2000), eBay Inc. (eBay.com), the world's leading Internet auction company, will soon enter the Korean market by forming a strategic marketing alliance with local online auction firm, Auction (www.auction According to JoongAng Ilbo newspaper (June 10, 2000), eBay Inc....
- Research articles 2000-06-13
- NETEASE OPENS AUCTION WEBSITE
- AsiaInfo Services 11-29-1999 Netease Opens Auction Website CHINA, November 29, AsiaPort -- Netease Internet Corporation officially introduced its auction website: auction.163.com on Tuesday in Beijing. It marked the company's attempt to e AsiaInfo Services...
- Research articles 1999-11-29
- United Auction Brokers Announces eBay Auction Services from the Comfort of Your Home or Office; United Auction Brokers Brings the eBay Auction to You
- LEXINGTON, Ky. -- United Auction BrokersTM today announced the most convenient way yet for anyone to sell anything on eBay. "Having one of our United Auction BrokersTM come to your home or office where the entire listing process is completed in just minutes, and with absolute discretion is the only...
- Research articles 2004-07-01
- The Marlow file.(Steve Marlow of Idaho Auto Auction)(Brief Article)
- Name: Steve Marlow Position: President and general manager of Idaho Auto Auction in Boise Experience: Started in the auction business as teen-ager. Managed Tri-Cities Auto Auction of Pasco, Wash. Was sales manager at Golden Gate Auto Auction in San Francisco and...
- Research articles 2001-02-19
- Auction Broadcasting sells site, invests in Net.(News)
- Byline: Arlena Sawyers Auction Broadcasting Co. LLC sold its vehicle auction site in Bradenton, Fla., to ADESA Inc. Revenue from the deal will enable Auction Broadcasting to strengthen its Internet sales capacity, company executives say. The sale of the 61-acre site...
- Research articles 2006-04-03
- GoIndustry acquires two more European auction houses; Industrial auction houses Plohmann and Appelboom strengthen GoIndustry's Offline auction services.
- M2 PRESSWIRE-20 March 2001-GOINDUSTRY.COM: GoIndustry acquires two more European auction houses; Industrial auction houses Plohmann and Appelboom strengthen GoIndustry's Offline auction services C1994-2001 M2 COMMUNICATIONS LTD RDATE:20032001 London, UK1- - GoIndustry, Europe's leading full-service asset recovery company, today announces...
- Research articles 2001-03-20
- Determining Damages from the operation of Bidding Rings: An Analysis of the Post-Auction 'Knockout' Sale
- Members of a bidding ring often use a private sale among themselves, known as the knockout, to decide who will buy the object that the ring has secured. The difference between the price realized in this private sale and the price paid by the ring in the public auction is...
- White papers 2000-04-01
- Stabilizing Markets Via A Novel Auction Based Pricing Mechanism For Short-Term Contracts For Network Services
- This paper studies pricing mechanisms for short-term contracts for network services in a recurring auction with sealed bids. This paper proposes and evaluates a novel winner selection policy in such an auction. The new approach was motivated by an observation that in a recurring auction enough customers must be willing...
- White papers 2005-05-01
- The Auction-Rate Security Mess: Read the Writing on the Wall
- David Enke submits: The WSJ has a nice article summarizing the auction-rate security mess, along with a short primer on what auction rate securities are, as well as how they are bought and sold through auction. Definitely worth the read for those interested in what has recently become a...
- External links 2008-08-10
- eBay Auction Brokers, United Auction Brokers, The Leaders In Auction Brokering, Announces The UAB Business Alliance Website
- NEW YORK -- United Auction BrokersTM, LLC, the leaders in eBay Auction Brokering, announces the launch of www.uabbusiness.com their Business Alliance Website. Through their national network of brokers, United Auction Brokers now offers the opportunity for any business to sell merchandise, inventory, closeouts, discontinued items, liquidations, used equipment, used electronics,...
- Research articles 2004-09-14
- eBay Auction Brokers, United Auction Brokers, Announces the Appointment of the Austin Broker Agency and Regional eBay Drop Off, Receiving, Processing, and Shipping Hub to Kerinda Bedell
- AUSTIN, Texas -- eBayR Auction Brokers, United Auction Brokers, LLCTM announced today the appointment of the Exclusive Austin United Auction Brokers Agency, and the Texas Regional Drop Off, Shipping, and Receiving Hub to Kerinda Bedell, DBA United Auction Brokers of Austin. "We are delighted to reach agreement with Kerinda," said...
- Research articles 2004-09-14
- eBay Auction Brokers, United Auction Brokers, Announces The Appointment Of The Orlando Broker Agency And Regional eBay Receiving, Processing, And Shipping Hub To Bert L. Bill
- ORLANDO, Fla. -- eBayR Auction Brokers, United Auction Brokers, LLCTM announced today the appointment of the Exclusive Orlando United Auction Brokers Agency, and the Florida Regional Shipping and Receiving Hub to Bert L. Bill, DBA United Auction BrokersTM of Orlando. "We are delighted to reach agreement with Bert L. Bill,"...
- Research articles 2004-08-03
- FairMarket Auction Scores With College Sports Fans; FANSonly Auction Moves Books, Furniture and Sporting Goods At Over 50 Universities and Athletic Conferences
- WOBURN, Mass.--BUSINESS WIRE--April 6, 1999--FairMarket, Inc., the innovative pioneer of auction and e-commerce solutions for Web merchants, announced today that it is hosting the new auction for the FANSonly Network, home of official athletic sites for more than 50 universities and conferences. The auction, which is live at http://auctions.fansonly.com, is...
- Research articles 1999-04-06
- The Federal Communications Commission officially relieved the winning bidders of 156 licenses totaling more than $14 billion in its ill-fated attempt to re-auction PCS licenses during its Auction 35 last year. (D.C. Briefs).
- The Federal Communications Commission officially relieved the winning bidders of 156 licenses totaling more than $14 billion in its ill-fated attempt to re-auction PCS licenses during its Auction 35 last year. The FCC originally attempted to auctio The Federal Communications Commission officially relieved the...
- Research articles 2002-12-09
- Ritchie Bros. Auctioneers Breaks Registered Bidder Records at Phoenix Auction
- Ritchie Bros. Auctioneers (TSX: RBA)(NYSE: RBA), the world's largest auctioneer of industrial equipment, today announced the results of its two-day, multi-million dollar unreserved auction held at its permanent auction site in Phoenix, Arizona. The unreserved public auction, which sold over 2,000 items, generated gross auction sales in excess of US$26...
- Research articles 2007-02-19
- At press time: FCC delays 60-69 auction, again. (The Week that was).(spectrum licenses)(Brief Article)
- The FCC Friday delayed for a sixth time the auction of spectrum now used for TV chs. 60-69. Bidding is now planned for Jan. 14. Auction of chs. 5259 will go forward June 19 as scheduled. FCC ... The FCC Friday delayed for a sixth...
- Research articles 2002-05-27
- New entrant spices up New Zealand auction.
- AUCKLAND, New Zealand-- Clear Communications, has entered New Zealand's auction of third-generation and second-generation wireless spectrum. The auction has been going on since mid July. As of round 208, the total bid amounts in the auction w AUCKLAND,...
- Research articles 2000-11-06
