Tag: auction
How Much Do Foreclosed Homes Sell for at Auction: Tips and...
Buying a foreclosed home can be lucrative for those who know what they're doing. But how much do foreclosed homes sell for at auction?...
Absolute Auction
What is 'Absolute Auction' A type of auction where the sale is awarded to the highest bidder. Absolute auctions do not have...
Real Estate Owned (REO)
What is 'Real Estate Owned - REO' Real estate owned, or REO, is the name given to foreclosed-upon real estate, such as...
Call Auction
What is 'Call Auction' Where participants buy or sell units of a good. At a call auction, participants place orders to buy...
Federal Communications Commission (FCC)
DefinitionThe Federal Communications Commission is an independent agency of the United States government created by statute to regulate interstate communications by radio, television, wire,...
Foreclosure
DefinitionForeclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making...
Tax Deed
What is a tax deed sale
A tax deed sale is a public auction of property that has been foreclosed upon because the owner has...
Underpricing
When a company offers its stock to the public for the first time, it's called an initial public offering, or IPO. IPOs can be...
Undersubscribed
What is 'Undersubscribed' A situation in which the demand for an initial public offering of securities is less than the number of...
Bailee
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...