Auction System

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Definition: Auction System

Auction System
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Full Definition of Auction System

noun a system where prices are agreed as the result of marketmakers offering stock for sale on the trading floor (as opposed to a quote system, where prices are quoted on a computerised screen) a system where prices are agreed as the result of marketmakers offering stock for sale on the trading floor (as opposed to a quote system, where prices are quoted on a computerised screen)

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April 20, 2024 https://payrollheaven.com/define/auction-system/.
Chicago Manual of Style (CMS):
Auction System. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/auction-system/ (accessed: April 20, 2024).
American Psychological Association (APA):
Auction System. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/auction-system/

Definition Sources

Definitions for Auction System are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.