Auction glossary

A

• 'Adjudication'
• 'Attributed to'
• Auctioneer, Commissioner of Justice

B

• Bid
• Bid increments
• Buyer's premium or Auction fees
• Irresponsible bid
• Simultaneous bidding

E

• Estimate
• Expert or Specialist

H

• Hammer price

I

• Invoice

J

• Judicial sales

L

• Live Auction
• Lot

R

• Reserve price
• Results of the sales

S

• 'School of'
• Seller's commission or Selling expenses

T

• Terms and conditions of sale

V

• Voluntary sales

W

• 'Workshop of'