The phrase
"auction process" refers to a way of buying and selling items or services where people make offers or bids, and the one with the highest bid gets to buy or sell the item.
Full definition
What makes the
online auction process particularly appealing to agents and brokers is the assurance that a property will be sold at true market value, through a mutually transparent process.
The online approach allowed potential purchasers to make bids from their homes without feeling the pressure of an in -
person auction process, the company says.
This includes transaction structuring, tax planning, conducting or participating
in auction processes, performing due diligence and preparing, reviewing and negotiating definitive transaction documents, such as restrictive covenant agreements, letters of intent and confidentiality agreements.
In recent years, there has also been a significant increase in the use of W&I insurance in the context
of auction processes, where multiple bidders are vying for the same target.
Societe Generale has kicked off a reverse
auction process for the final round of its ongoing global panel review.
The ICO runs through December 25 and uses an electronic Dutch
auction process on its website.
«On the basis of these recommendations, the Government will support investment for up to 400MW of a diversified renewable energy capacity by providing revenue certainty through a
reverse auction process, including a 100MW energy storage component, with an emphasis on supporting local jobs and benefits,» he added.
ISO - NE's proposed solution, drafted earlier this year and unveiled prior to a FERC technical conference in May, is a two -
part auction process.
«Click - through rate, the relevance of each keyword to its ad group, landing page quality and relevance, ad text relevance, your historic AdWords performance - all of this ultimately determines your cost per click and your ad rank in the
ad auction process.»
The deal announced Monday after a
lengthy auction process complements and bolsters Transcontinental's product offering particularly in dairy, pet food and consumer products and adds agriculture, beverage and protein, said Francois Olivier, chief executive officer of TC Transcontinental.
By imitating its well - established
bill auction process, the Treasury gave dealers a familiar starting point for developing the risk management and sales programs necessary to support auction bidding for notes and bonds.
NASDAQ argues that former employees were hired by IEX in the development of its trading platform, and that its
closing auction process is based on designs of other exchanges including NASDAQ.
Learn how the opening
cross auction process determines prices of Nasdaq - listed securities at market open to ensure liquidity by matching buyers and sellers.
The contracts were awarded through a
complex auction process, following criticism last year by the National Audit Office that a lack of competition in the system was allowing companies to push prices up at a cost to consumers.
The lawmakers also laid out a more specific policy for putting the NOPR's vague concepts into action, suggesting that baseload resources be provided value for reliability and resiliency «during the
capacity auction process» used by most interstate grid operators to secure generation supply for reliable operation across all hours, days and seasons of the year.
The
salvage auction process supplies the majority of recycled parts used by the automobile repair industry in B.C. ICBC «pockets» any money they receive from the salvage auction.
It shared «witnesses» misgivings about the design of the
VHCC auction process» and did not think that this process was justifiable.
The frankly delicious facts of RBS v Highland Financial Securities [2013] EWCA Civ 328, [2013] All ER (D) 65 (Apr)-- in which the taxpayer - owned bank not only constructed a
sham auction process to convert the borrower's assets to its own balance sheet, but then lied about those actions at trial — demonstrate where such unscrupulous behaviour may lead, and may give some courage to clients seeking a remedy in the absence of a strong mis - selling claim.
Following a competitive six -
month auction process, Homeplus was sold to a consortium of investors led by MBK Partners and including CPPIB, PSPIB, Temasek and the National Pension Service of Korea, in what was the largest ever sale to private equity in Asia and the largest private transaction ever in Korea at the time.
LFC's
auction process includes property research and due diligence, advertising and public relations, traditional real estate brokerage (whereby LFC acts as the broker), title insurance, mortgage finance and escrow.
Such properties are then generally sold off to the highest bidder through the
HUD auction process.
Mainly the ability to transact online (and reap the benefits of an online
auction process for their clients.)
Potential buyers are invited to tour the site and learn more about the
online auction process, bidder support services and property entitlements on the 28th.
The product can be utilised in
competitive auction processes or proprietary deals and the geographic appetite of many W&I insurers is wide - ranging.
Auction rate securities are generally long - term fixed income instruments that provide liquidity through a
Dutch auction process that resets the applicable interest rate at pre-determined calendar intervals, typically every 7, 28, 35 or 49 days.
Handles tasks such as providing support with event logistics, administering the
silent auction process, and assisting with designing and creating campaign materials.
Google sells keyword ads through
an auction process, where advertisers bid on certain terms.
Nevertheless,
the auction process the special committee ran, though not crooked, simply didn't end up providing shareholders with «fair value» for their shares as Delaware law defines it, Vice Chancellor Laster concluded.
Draper, who described
the auction process to Fortune as «smooth,» says he hasn't sold a single one, adding, «Why would I trade the future for the past?»
Francisco Partners, the private equity firm that is the majority owner of Plex, is working with investment bank Morgan Stanley to run
an auction process for Plex, the people said this week, asking not to be identified because the matter is confidential.
Sources tell me that there may be as many as a half dozen would - be bidders positioning themselves; in addition, some may partner up as
the auction process proceeds.
Loans will not be granted outside of
the auction process.
The Treasury was willing to alter
the auction process when shortcomings appeared — rather than jettison the entire effort, as it did in 1935 and 1963.