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Auction
A public sale of a security whereby the issuer invites authorised dealers to make bids in price or yield until the full amount of the issue is sold. See also Dutch Auction, Non-competitive Bid Auction.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Reuters
- Product:
- Acronym-Abbreviation:
Other Languages:
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