public sale
Advertised goods exchange
A public sale is a sale open to anyone, not restricted to particular buyers.
The term typically refers to auctions where property is sold to the highest bidder, often conducted by government authorities to satisfy debts or dispose of seized assets: The foreclosed home went to public sale.
Compare with private sale, where terms are negotiated between specific parties.
- auctionCompetitive public sale
- live auctionIn-person competitive sale
- silent auctionFundraiser with submitted bids
- biddingOffering prices or obeying
- opening bidFirst price proposed
sealed bid · going once · gavel · lot · lot number · sold · hammer · auctioneer · estate · consignment · bidder · reserve · going · gone · paddle · liquidation · bargain · antiques
- salesselling, salesperson, salesman, saleswoman, discount
- art marketauction, art prints, art dealer, limited editions, editions
- tokenomicstokenomics, vesting, vesting period, vesting schedule, burning
- forced salesseizure, property seizure, writ of execution, pre-foreclosure, bank-owned
public, sale, publicly, publicize, publicized, publication, publicity, publish, publisher