licitation
noun
lic·i·ta·tion
ˌli-sə-ˈtā-shən
: the act of offering for sale or bidding at an auction
specifically, in the civil law of Louisiana
: a mode of partitioning property held in common by sale at auction
Dictionary Entries Near licitation
Cite this Entry
“Licitation.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/licitation. Accessed 23 Dec. 2024.
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