What is the meaning of public auction?

public auction is a meeting in an announced public location to sell property to repay a mortgage that is in default.

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APABarry Goldsmith. (2010). public auction. Retrieved September 26, 2026, from http://smartdefine.org/public_auction/definitions/1161437
ChicagoBarry Goldsmith. 2010. "public auction" http://smartdefine.org/public_auction/definitions/1161437 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, public auction, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/public_auction/definitions/1161437>.
MLABarry Goldsmith. "public auction" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/public_auction/definitions/1161437>