Business terms and jargon explained. Your business dictionary

What is Auction

This is a process of buying where bids are submitted in an attempt to outbid competitors to win/ buy a product and service for the bid price. The highest bidder wins. Bidding normally take place in an auction room where bidder may bid by phone or in person.

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Prospecting UK Working Population Sanction
Financial Conglomerate White Label Troy Ounce Zero Haven
Base Rate Trial bundles Zone Internal Control
Domicile of dependency Charitable Trust Right of Support Abscond
Per curiam Supply VAT Balance of payments (BOP) Privacy statement
Sucre Fiscal Territory Testatrix Comparative Advantage
Apostille Asset stripper Year end dividend Anti harassment policy
Common Position - EU Optimist Life Interest F2F
European Sales Lists Cable Modem Zar Direct Debit
Housing claim Ad infinitum Letter of request Bolivar

Term created / updated 2011-06-19 17:45:06

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