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Is there a one-word term for a person who won the auction? Top bidder comes to my mind, but it's actually two words.
Is there a one-word term for a person who won the auction? Top bidder comes to my mind, but it's actually two words. ... Why do you need one word? Two seem to suit you just fine. – Matt E. Эллен Commented Jun 13, 2012 at 11:11 ... The generally adopted term for this is successful bidder as recognized in commercial and, probably also, legal contexts. Strictly speaking, the highest bidder is considered as the tentative 'winner'.Buyer? Only the top bidder can actually buy the auction lot. Winner?There is only one winner (and you actually used the word won yourself).I'm not with buyer, the successful bidder may or may not eventually buy. Not winner either -- that sounds inappropriate to me though not sure why.
A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month.
HOUSTON, Aug 18 (Reuters) - A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month.A final winner recommendation in the complex court-organized auction is expected to be submitted by the end of this month, Judge Leonard Stark said in a hearing.
The two-time World Cup winner Piyush Chawla is another veteran who did not make the cut. Ravichandran Ashwin is another name many expected to make the shortlist following his retirement from the IPL and Indian cricket. However, it is reported that the off-spinner has instead opted to place himself in the ILT20 auction ...
The two-time World Cup winner Piyush Chawla is another veteran who did not make the cut. Ravichandran Ashwin is another name many expected to make the shortlist following his retirement from the IPL and Indian cricket. However, it is reported that the off-spinner has instead opted to place himself in the ILT20 auction pool.The SA20 is a T20 franchise cricket tournament that is conducted in South Africa. The SA20 also attracts internationals from other countries and aims to be the....The auction for Season four of the SA20 is set to be conducted on 9 September in Johannesburg. A record 800-plus cricketers had thrown their hats into the ring, but only 541 names have been finalised. The finalised list includes 300 South African and 241 overseas cricketers.The players who registered for the SA 20 2026 auction include: Piyush Chawla, Siddharth Kaul, Ankit Rajpoot, Sarul Kanwar, Anureet Singh Kathuria, Ansari Marouf, Mahesh Ahir, Nikhil Jaga, Mohamed Faidh, KS Naveen, Imran Khan, Venkatesh Galipelly, and Atul Yadav.
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Dewald Brevis and Aiden Markram set SA20 Auction alight with record bids from Pretoria Capitals and Durban Super Giants.
South Africa’s T20 captain Aiden Markram has made history on Tuesday. The Durban Super Giants forked out a record R14 million (INR 7 crore) on the Proteas superstar in the SA20 Auction. Markram features for Lucknow Super Giants in the IPL and now will feature for its sister franchise in South Africa.Aiden Markram and Dewald Brevis both saw records broken in SA20 Auction.SA20 2026 auction: Sold players list ft.Cricket 9 mins SA20 Auction record broken twice, Dewald Brevis trumps Aiden Markram as most expensive player
The auction's winner will need to navigate a complex process to take over assets amid objections, challenges and other creditors' attempts to seize them in parallel legal cases.
A U.S. court auction of Venezuelan-owned U.S. refiner Citgo is heating up after delays as bidders raise their offers, good news for creditors seeking compensation from the South American nation for debt defaults and a wave of nationalizations under late Venezuelan President Hugo Chavez.However, Judge Stark later instructed evaluators to prioritize price over certainty of closure for choosing the final winner so the payment to bondholders would not eat up proceeds intended for the creditors that have lined up in Delaware since 2017.The case should help repay up to 15 creditors for debt defaults and expropriations by Venezuela. But many involved and observing are unclear about the metrics the court officer overseeing the auction will use to determine the best offer.But it is unlikely that all 15 creditors, who are collectively trying to recover some $19 billion, will receive proceeds from the auction. Citgo was valued at up to $13 billion in an independent valuation ordered by the court.
The winner's curse is a surprisingly common occurrence felt by those who place the winning bid at an auction.
The winner’s curse is the surprisingly common occurrence felt by those who place the winning bid at an auction. After they win, adrenaline and dopamine flush the brain with pleasure and good feelings. When some time passes, the winner’s curse kicks in, those feelings fade, and you feel buyer’s remorse.The first part of avoiding the winner’s curse is ascertaining if the item on the auction block is of common value or private value. Common value refers to the total worth of an object determined to be the same for every potential bidder.If an item has sentimental or private value (i.e., your mother’s locket), the winner’s curse won’t apply since you’re willing to pay more for it. It’s more valuable in your eyes and worth the higher price. If you’re considering a common value item, like the homes available at real estate auctions, they generally have the same value to all the bidders present even if that value hasn’t been pinned down yet.When an item is more valuable to you, the winner’s curse won’t take effect. This overlap of private and common value is particularly applicable with North Carolina estate sales, where people bid on rare items that aren’t typically available to other consumers. At an auction, emotions can fly high.
The winner's curse is a tendency for the winning bid in an auction to exceed the true value of an item.
In general, subjective factors usually create a value gap because the bidder faces a difficult time determining and rationalizing an item's true intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction. The winner's curse is a tendency for the winning bid in an auction to exceed the intrinsic value or true worth of an item.The gap in auctioned vs. intrinsic value can typically be attributed to incomplete information, types of bidders, emotions, or a variety of other subjective factors. Originally, the term winner's curse was coined as a result of companies bidding for offshore oil drilling rights in the Gulf of Mexico.The gap between intrinsic and auction value will generally be influenced by the bidders involved. The term winner's curse was coined by three Atlantic Richfield engineers, who observed the poor investment returns of companies bidding for offshore oil drilling rights in the Gulf of Mexico.The winner's curse is a phenomenon where the winning bid in an auction exceeds the item's intrinsic value, often due to incomplete information, emotional factors, or subjective influences.
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Event details for Winner Livestock Auction - Special Fall Calf & Yearling Sale
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A $5.89 billion bid from an affiliate of hedge fund Elliott Investment Management has been recommended as the winner of a U.S. court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to documents filed late on Friday by the officer overseeing the ...
HOUSTON, Aug 29 (Reuters) - A $5.89 billion bid from an affiliate of hedge fund Elliott Investment Management has been recommended as the winner of a U.S. court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to documents filed late on Friday by the officer overseeing the sale process.Improved bids emerged in the final stages of the auction, spurred by court rulings in parallel legal cases that encouraged revisions. Delaware Judge Leonard Stark is expected to make a final decision on the winner following a court hearing next month.The auction's proceeds are expected to compensate some of the 15 creditors that have been fighting since 2017 to recover nearly $19 billion in U.S.Amber is also offering partial compensation of $500 million to Gold Reserve, which wants the auction proceeds to cover the expropriation of its mining assets in Venezuela.
He's the original owner of the 1973 Dino 246 GTS, in which he won the 1975 event. The car was sold at the Mecum auction on Saturday.
He's the original owner of the 1973 Dino 246 GTS, which sold at the Mecum auction during Monterey Car Week.May is now 89 years old, and his longtime mechanic, June Gilliam [seen driving the car with May alongside in the photo above], is also looking to retire. But before the car crossed the block at the Mecum auction in Monterey, we spoke with Jack about his adventure.Photos Courtesy of Mecum Auctions, Inc.They drove May's 1973 Dino 246 GTS, which sold at the Mecum auction in Monterey for $660,000 (including buyer's premium).
That list of players set for auction includes locals like Aiden Markram, Anrich Nortje, Quinton de Kock, Reeza Hendricks, Keshav Maharaj, Tabraiz Shamsi, Ottneil Baartman and Gerald Coetzee. Meanwhile international names to look out for include veteran England quick Jimmy Anderson and former England T20 World Cup winners ...
That list of players set for auction includes locals like Aiden Markram, Anrich Nortje, Quinton de Kock, Reeza Hendricks, Keshav Maharaj, Tabraiz Shamsi, Ottneil Baartman and Gerald Coetzee. Meanwhile international names to look out for include veteran England quick Jimmy Anderson and former England T20 World Cup winners Alex Hales and Moeen Ali.Which players have fetched the highest prices at the SA20 player auction? Find out more about the biggest buys.Jansen’s performances for South Africa, particularly in white-ball cricket, have underlined his potential as a genuine match-winner.No player symbolises the financial rise of SA20 more than Tristan Stubbs. The young batsman became the first cricketer to cross the R9 million mark at auction when Sunrisers Eastern Cape broke the bank for him.
The late Martin Lee was in Brotherhood of Man, winners of the 1976 Eurovision with Save your Kisses for me.
Guitars belonging to the late Martin Lee, who was part of the Eurovision-winning group Brotherhood of Man, are being auctioned off for charity.The guitars are going under the hammer on 9 September at Gardiner Houlgate Auctioneers in Corsham, Wiltshire.At the same auction, a guitar given away by Led Zeppelin's Jimmy Page as a competition prize over 50 years ago is also listed.
The investors were officially granted large eligible producer status, allowing them to sign guaranteed 15-year electricity purchase contracts.
The photovoltaic plants built by the winners of the first auction for granting the status of large eligible producer in Moldova have been put into operation. The government held auctions to encourage investment in renewable electricity, offering a total capacity of 165 megawatts (MW): 60 MW solar and 105 MW wind.From 44 bids, 11 winners were selected, covering the full auctioned capacity.In August, these investors were officially granted large eligible producer status, allowing them to sign guaranteed 15-year electricity purchase contracts with Energocom, Moldova’s state energy trading company. The auction prices are among the most competitive in Energocom’s portfolio:HomeRenewablesAuction winner solar plants go online in Moldova
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One of the critical moments during the auction was during the wicketkeepers' set when the Royals had secured the services of the South African international and World Test Championship (WTC) winner Kyle Verreynne at his base price of R200K (Rs 10.06 Lakh).
Paarl Royals, in particular, didn't have the greatest of the auctions with several evident gaps in the squad even after the SA20 auction and one of the moments during the six-hour marathon might have played a bit of a part when they increased a winning bid of R200K to R2.3m in a matter of seconds.Paarl Royals didn't have the greatest of SA20 auctions with several evident gaps still visible in their squad, especially with respect to fast bowling battery, considering that Ottneil Baartman will lead the attack with the likes of Eshan Malinga, Hardus Viljoen and Delano Potgieter to support him in the department but it does lack depth.Since the winning bid was R200K, it was expected that the Royals might stretch it to a million. But to everyone's surprise, they increased the bid by 1050 per cent, taking it to R2.3m (Rs 1.15 cr). The Capitals were out of it instantly and even the auctioneer Richard Madley stuttered while speaking the amount.Cricket Kyle Verreynne SA20 Auction SA20 2026 Paarl Royals
Define Auction Winner. means, with respect to the Net Auction Swap of each Maturity Bucket, the Auction Participant that has submitted the winning price for such Net Auction Swap and in respect its Winning Account, as determined by OTC Clear in accordance with Appendix 1 to this Supplement.
Auction Winner means, with respect to the Net Auction Swap of each Maturity Bucket, the Auction Participant that has submitted the winning price for such Net Auction Swap and in respect its Winning Account, as determined by OTC Clear in accordance with Appendix 1 to this Supplement.The Clearing House shall update its books and records to reflect the Discounting Risk Swaps, Cash Compensation Contracts, Cash Valuation Change Amounts (USD), Cash Valuation Change Amounts (MXN), Auction Winner Amounts and Cash Only Client Position Account Auction Adjustments resulting from the operation of this Annex and the Cash Settlement Schedule.If the Auction Winner’s Winning Bid Price is a price that by reference to the Mid-Price is (a) in favor of the Clearing House, the Auction Winner Amount shall be a negative amount or (b) in favor of the Auction Winner, the Auction Winner Amount shall be a positive amount.For the purposes of this Annex: Auction Adjustment per Unit means, in relation to a Maturity Bucket, an amount in USD equal to (i) the aggregate of all Auction Winner Amounts for that Maturity Bucket divided by (ii) the total notional amount of Discounting Risk Swaps in that Maturity Bucket which have been liquidated pursuant to the Cash Settlement Schedule.
The late Martin Lee was in Brotherhood of Man, winners of the 1976 Eurovision with Save your Kisses for me.
Guitars belonging to the late Martin Lee, who was part of the Eurovision-winning group Brotherhood of Man, are being auctioned off for charity.The guitars are going under the hammer on 9 September at Gardiner Houlgate Auctioneers in Corsham, Wiltshire.At the same auction, a guitar given away by Led Zeppelin's Jimmy Page as a competition prize over 50 years ago is also listed.
Theorists consider auctions to be economic games that have two aspects: format and information. The format defines the rules for the announcement of prices, the placement of bids, the updating of prices, when the auction closes, and the way a winner is picked.
Second-price sealed-bid auctions (Vickrey auctions) which are the same as first-price sealed-bid auctions except that the winner pays a price equal to the second-highest bid. The logic of this auction type is that the dominant strategy for all bidders is to bid their true valuation.Online auctions often use an equivalent version of Vickrey's second-price auction wherein bidders provide proxy bids for items. A proxy bid is an amount an individual values some item at. The online auction house will bid up the price of the item until the proxy bid for the winner is at the top.This allows sealed-bid first-price auctions to produce higher expected revenue than English and sealed-bid second-price auctions. In formats with correlated values—where the bidders' valuations of the item are not independent—one of the bidders, perceiving their valuation of the item to be high, makes it more likely that the other bidders will perceive their own valuations to be high. A notable example of this instance is the winner’s curse, where the results of the auction convey to the winner that everyone else estimated the value of the item to be less than they did.The basic version of the theorem asserts that, as long as the Symmetric Independent Private Value (SIPV) environment assumption holds, all standard auctions give the same expected profit to the auctioneer and the same expected surplus to the bidder. The winner's curse is a phenomenon which can occur in common value settings—when the actual values to the different bidders are unknown but correlated, and the bidders make bidding decisions based on estimated values.Auction theory is a branch of applied economics that deals with how bidders act in auctions and researches how the features of auctions incentivise predictable outcomes. Auction theory is a tool used to inform the design of real-world auctions. Sellers use auction theory to raise higher revenues ...