What’s an Auction?

Auctions are events where goods or properties are sold to the highest bidder, with different types of auctions performed worldwide. Auctions can be conducted in person or remotely, and bids are legally binding. Famous auction houses like Sotheby’s specialize in English Grounds auctions. An auction is an event where goods or properties are sold to […]

What’s a Direct Auction?

A futures auction is an event where a seller accepts offers from potential buyers and reserves the right to accept or reject them. Different forms include English and Dutch auctions, with the seller able to decline all bids and retain ownership of the item. Other types include the Japanese and Yankee auctions, with electronic auctions […]

What are auction rates?

Auction rate securities are long-term investments with variable interest rates that can be bought and sold frequently at auctions. They are issued by corporations and municipal governments and can be bonds or preferred stocks. In the 2008 financial crisis, the market for these securities became illiquid, causing economic turmoil. Auction rate securities are long-term investments […]

What’s an absolute auction?

An absolute auction is where the highest bidder wins without a reserve price. It’s commonly used for foreclosed properties and selling assets quickly. Online auction sites can also use this method. An outright auction in which the individual or company placing the highest bid is the winner and recipient of the auctioned item, after successfully […]

What’s an auction sale?

Auction sales involve selling personal or commercial property to bidders for the highest price. They can be conducted online or in person, and offer buyers the chance to find bargains. Auctions allow sellers to get the maximum financial return for their property. Auction sales are events in which personal or commercial property and merchandise are […]

What’s an online auction fundraiser?

Charities can host online auctions to raise funds, listing items on a website for backers to bid on. Companies can also offer online hosting for a fee. Auction items can include gift baskets, services, and valuable goods. Online auctions can reach more bidders and raise more funds for the charity’s cause. Charities often run fundraising […]

What’s an auction rate security?

An auction rate security (ARS) is a long-term debt instrument whose interest rate is adjusted through a Dutch auction. Municipal and corporate bonds and preferred stock issues can be classified as ARS. The auction rate mechanism was introduced in the late 1980s, and the new interest or dividend rate is typically the lowest rate selected. […]

What’s a furniture auction?

Furniture auctions are a great place to find quality items at a fair price. They can be found in newspapers, magazines, and online auction houses. Furniture is often sold separately at government surplus and estate auctions, and fine art auctions may also feature furniture. Artwork Furniture auctions can include antiques, collectables, and unique pieces that […]

What’s an auction exchange?

Auction exchanges require floor specialists and stockbrokers to facilitate trades between buyers and sellers, with bid and sale prices determining the stock price. E-commerce platforms threaten the viability of auction-style trading, but it remains part of major US exchanges. Stocks that are bought and sold in financial markets must be traded on an exchange, which […]

Auction Rate Securities: What are they?

Auction rate securities are long-term investments that pay short-term interest rates to investors. They are fixed income securities that provide a constant stream of income to investors at a variable interest rate that changes over the life of the agreement. These financial instruments are issued on the market or sold by companies and municipalities as […]

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