Public sale of a property to the highest bidder. The purchaser must immediately sign a binding contract and should ensure that all valuations, searches etc are carried out prior to the sale.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). auction. Retrieved September 21, 2026, from http://smartdefine.org/auction/definitions/1148044 |
| Chicago | Barry Goldsmith. 2010. "auction" http://smartdefine.org/auction/definitions/1148044 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, auction, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/auction/definitions/1148044>. |
| MLA | Barry Goldsmith. "auction" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/auction/definitions/1148044> |