Word Explorer

Licitation

💡 Words with a Similar Meaning to "Licitation"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
auctionnounA public event where goods or property are sold to the highest bidder.
biddingnounThe act of placing a bid.
commission bidnounA bid at an auction placed by the auctioneer on behalf of a bidder not present in the room up to a pre-agreed maximum.
vendor bidnoun(finance) A type of bid at an auction which is made by the auctioneer on behalf of the vendor, without any desire to buy the article. This is used as a tactic to keep the bids moving, or to persuade buyers to pay more, or merely to have a higher price to report if the property is passed in. Such a bid is in essence a fiction; if not clearly announced as such, it approaches the deliberate deception of a dummy bid.
auction housenounA company that runs auctions.
bring-and-buy salenounbring-and-buy
tatonnementnoun(economics) An iterative auction process by which an exchange equilibrium is imagined to be achieved.
runoutnoun(cricket) The method of getting out (dismissed from play) in which a batsman, in making a run, has not reached the popping crease when a fielder breaks his wicket with the ball.
upbidverbTo bid upward.
dutch auctionnounA reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy.
limit bidnounAn offer to buy in an auction for any value up to a specified maximum.
bid riggingnoun(law) a conspiracy in which two or more competitors agree about who will submit the winning bid when there is a call for bids.
candle auctionnounA variation of the English auction where the end of the auction is signaled by the expiration of a candleflame.
bid shadingnounIn an auction, the practice of bidding less than what one believes the goods are worth.
auction theorynoun(economics) An applied branch of economics, studying how bidders act in auction markets and how the features of such markets incentivize predictable outcomes.
barteringnounbarter
sealed bidnounA cost estimate, or a proposal to buy something, the value of which is kept secret from competitors until all such bids have been made.
bidding pricenoun(finance) A price offered by a buyer/bidder when he or she buys a good.
counterbidnoun(business) A bid made in response to a previous bid by another party
offeringnounThe act by which something is offered.

🎨 Adjectives for "Licitation"

Popular adjectives used to describe this word in books.

📝 Common Phrases with "Licitation"

Words that come before

  • bylicitation
  • thelicitation
  • oflicitation
  • lalicitation

Words that come after

  • licitationof
  • licitation.

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