auction without reserve
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without reserve — A term characterizing an auction sale conducted without right on the part of the owner of the property to withdraw goods from the sale or to bid them in by himself or through another. Anno: 37 ALR.2d 1054; 7 Am J2d Auct § 18 … Ballentine's law dictionary
without reserve — A term applied to a sale by auction, indicating that no price is reserved … Black's law dictionary
reserve — [ri zʉrv′] vt. reserved, reserving [ME reserven < OFr reserver < L reservare < re , back + servare: see OBSERVE] 1. to keep back, store up, or set apart for later use or for some special purpose 2. to hold over to a later time 3. to set… … English World dictionary
reserve — re·serve 1 vt re·served, re·serv·ing: to keep back or set apart: as a: to keep (a right, power, or interest) esp. by express declaration all rights reserved compare waive b: to defer a determination of (a question of law) … Law dictionary
reserve — reservable, adj. reserveless, adj. /ri zerrv /, v., reserved, reserving, n., adj. v.t. 1. to keep back or save for future use, disposal, treatment, etc. 2. to retain or secure by express stipulation. 3. to set apart for a particular use, purpose … Universalium
auction — /okshsn/ An auction is a public sale of property to the highest bidder by one licensed and authorized for that purpose. The auctioneer is employed by the seller and is primarily his agent. However, when the property is struck off he is also the… … Black's law dictionary
auction — /okshsn/ An auction is a public sale of property to the highest bidder by one licensed and authorized for that purpose. The auctioneer is employed by the seller and is primarily his agent. However, when the property is struck off he is also the… … Black's law dictionary
reserve — v. & n. v.tr. 1 postpone, put aside, keep back for a later occasion or special use. 2 order to be specially retained or allocated for a particular person or at a particular time. 3 retain or secure, esp. by formal or legal stipulation (reserve… … Useful english dictionary
Auction — Auctioneer redirects here. For the DC Comics supervillain, see Auctioneer (comics). An auctioneer and her assistants scan the crowd for bidders. An auction is a process of buying and selling goods or services by offering them up for bid, taking… … Wikipedia
auction — auctionable, adj. auctionary, adj. /awk sheuhn/, n. 1. Also called public sale. a publicly held sale at which property or goods are sold to the highest bidder. 2. Cards. a. See auction bridge. b. (in bridge or certain other games) the competitive … Universalium
