Business Terms and Jargon Explained

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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Blue Chip N5 Civil Court form Competitor
Delivery note SAIL address Free
Tenant Ask Forfeit
RAR UFT Retail Financial Services
In pleno Tax Form - P9 Audit
Shekel Margin Scheme Package Proprietor
Decree Absolute Company Secretary Nominated court
Cost per click BILL OF SALE Published Information
Gazumping Hardball Market Prices
Declaration of incompatibility Quaeitur Credit-Worthiness
Valuation reserve Log file Place Of Supply
Your Honour Executrices Administratrix
Institutional Sector Deposit Nakfa

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

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