Auction System

Business, Legal & Accounting Glossary

Definition: Auction System


Auction System


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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, 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.