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AUCTION

Volume 3 · 67 words · 1810 Edition

a kind of public sale, very much in use for household goods, books, plate, &c. By this method of sale the highest bidder is always the buyer. This was originally a kind of sale among the ancient Romans, performed by the public crier judicat, i.e., under a spear stuck up on that occasion, and by some magistrate, who made good the sale by delivery of the goods.