Auction - Definition

Sale of securities to the highest bidder (s). In finance, it is primarily used by governments for the Allocation of foreign exchange and government items, such as Treasury bills of the United States. Sometimes auctions are conducted in terms of performance rather than price.



Terms near "Auction"

AUD
Autocorrelation
Average Rate Option
Averse opinion
AWG
AZN
Back door financing
Back months
Back Office
Back pay
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