Definitions

from The Century Dictionary.

  • noun The act of selling or exposing to sale by offering publicly to the highest bidder; an auction.
  • noun In law, a sale, and partition and division of proceeds.

from the GNU version of the Collaborative International Dictionary of English.

  • noun rare The act of offering for sale to the highest bidder.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun auction

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

Latin licitatio, from licitari, liceri, to bid, offer a price.

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Examples

  • Deadline: June 26, 2009 Notice type: S.licitation Agency: Department of the Army This notice is released to announce the U.S. Army Corps of Engineers,

    WN.com - Business News 2009

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