AUCTION MARKET Definition

Bookmark and Share

AUCTION MARKET is a trading system in which buyers enter competitive bids and sellers enter competitive offers simultaneously. This, as opposed to the over-the-counter market, where trades are negotiated. Examples: the NYSE and the AMEX. It is sometimes called double auction market.

Learn new Accounting Terms

K as the fifth letter of a Nasdaq stock symbol indicates that the issue has no voting rights.

CARNET is a customs document which permits you to send or carry merchandise into a country duty and tax free for a short period, for use as samples or as display merchandise in a trade show, for example.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.