Business / Real Estate / Auction: Selling property to the highest bidder.

Auction Market

Business / Taxes / Auction Market: Auction market trading, sometimes known as open outcry, is the way the major exchanges, such as the New York Stock Exchange (NYSE) and the Chicago Mercantile Exchange (CME), have traditionally handled MORE

Auction Rate Preferred Stock (ARPS)

Business / Finance / Auction Rate Preferred Stock (ARPS): Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction. MORE

Dutch Auction Preferred Stock

Business / Finance / Dutch Auction Preferred Stock: Auction in which the lowest price necessary to sell the entire offering becomes the price at which all securities offered are sold. This technique has been used in Treasury auctions. Often used in ris MORE

Double Auction System

Business / Finance / Double Auction System: Systems by which listed securities are bought and sold through brokers on the securities exchanges, as distinguished from the OTC market, where trades are negotiated. Unlike the conventional auction w MORE

Dutch Auction

Business / Finance / Dutch Auction: A common gauge of the price sensitivity of a fixed income asset or portfolio to a change in interest rates. MORE

Auction Market Preferred Stock (AMPS)

Business / Finance / Auction Market Preferred Stock (AMPS): A type of Dutch Auction Preferred Stock (A Merrill Lynch product). MORE