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An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory.
Situated learning is a theory that explains an individual's acquisition of professional skills and includes research on apprenticeship into how legitimate peripheral participation leads to membership in a community of practice. Situated learning "takes as its focus the relationship between learning and the social situation in which it occurs".
OJSC "Yukos Oil Company" was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky's Bank Menatep during the controversial "loans for shares" auctions of the mid 1990s. Between 1996 and 2003, Yukos became one of the biggest and most successful Russian companies, producing 20% of Russia's oil output. In the 2004 Fortune 500, Yukos was ranked as the 359th largest company in the world. In October 2003, Khodorkovsky—by then the richest person in Russia and 16th richest person in the world—was arrested, and the company was forcibly broken up for alleged unpaid taxes shortly after and declared bankrupt in August 2006. Courts in several countries later ruled that the real intent was to destroy Yukos and obtain its assets for the government, and act politically against Khodorkovsky. In 2014, the largest arbitration award in history, $50 billion (€37.2 billion), was won by Yukos' former owners against Russia. This $50 billion award by the Permanent Court of Arbitration was ruled invalid by the District court in The Hague in 2016, but reinstated by the Court of Appeal of the Hague in 2020.
The Association of College & Research Libraries defines information literacy as a "set of integrated abilities encompassing the reflective discovery of information, the understanding of how information is produced and valued and the use of information in creating new knowledge and participating ethically in communities of learning".
The U.S. Air Force Test Pilot School is the Air Force's advanced flight training school that trains experimental test pilots, flight test engineers, and flight test navigators to carry out tests and evaluations of new aerospace weapon systems and also other aircraft of the U.S. Air Force. This school was established on 9 September 1944 as the Flight Test Training Unit at Wright-Patterson Air Force Base (AFB) in Dayton, Ohio. To take advantage of the uncongested skies, usually superb flying weather, and the lack of developed zones in the event of crashing, the test pilot school was officially moved to its present location at Edwards Air Force Base in the Mojave Desert of Southern California on 4 February 1951.
An online auction is an auction held over the internet and accessed by internet connected devices. Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules.
The Providence Country Day School is a private middle and high school, founded in 1923. Located in East Providence, Rhode Island, United States, it serves approximately 250 students in grades 5 through 12. The school has no religious affiliation and has been co-ed since 1991.
The Reppert School of Auctioneering is an auctioneer education provider, since 1921.
A school library is a library within a school where students, staff, and often, parents of a public or private school have access to a variety of resources. The goal of the school library media center is to ensure that all members of the school community have equitable access "to books and reading, to information, and to information technology." A school library media center "uses all types of media... is automated, and utilizes the Internet [as well as books] for information gathering." School libraries are distinct from public libraries because they serve as "learner-oriented laboratories which support, extend, and individualize the school's curriculum... A school library serves as the center and coordinating agency for all material used in the school."
A combinatorial auction is a type of smart market in which participants can place bids on combinations of discrete heterogeneous items, or “packages”, rather than individual items or continuous quantities. These packages can be also called lots and the whole auction a multi-lot auction. Combinatorial auctions are applicable when bidders have non-additive valuations on bundles of items, that is, they value combinations of items more or less than the sum of the valuations of individual elements of the combination.
The Ohio Auction School (OAS) is an auction school located near Columbus, Ohio, United States. Many states require that individuals complete a course of study at a state approved auction school in order to be licensed to practice in that state. The Ohio Auction School provides the mandated instruction for Ohio, Indiana, Texas, Virginia, West Virginia, and Louisiana.
Bidding is an offer to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding is used to determine the cost or value of something.
Auction chant is a rhythmic repetition of numbers and "filler words" spoken by auctioneers when taking bids at an auction. Auction chanting is an almost universal method of conducting live auctions in North America where it is practiced in English, Spanish, French and other languages. It is much less common outside North America, and the most notable exceptions within North America are auction houses with significant ties elsewhere in the world such as art brokerages. The chant consists of at least the current price, the asking price to outbid and words to keep the audience engaged. Auctioneers typically develop their own style, and competitions are held to judge them. Outside of auctions, the chant has been the subject of music and used in commercials and film.
The Walton School of Auctioneering is an auction school in Medina, Ohio, United States.
William Hollis Long II is an American auctioneer and politician who has served as the U.S. representative for Missouri's 7th congressional district since 2011. The district includes much of the southwestern quadrant of the state and is anchored in Springfield. It also includes Joplin and Branson.
"The Auctioneer" is a 1956 country song by Leroy Van Dyke. It was co-written with Buddy Black.
Dan Dotson is an American auctioneer who has been in the auctioneering business since 1974. Dan and his wife, Laura Dotson, run American Auctioneers, a full service auction company in Riverside, California. Dan is best known for being the auctioneer on A&E Network's Storage Wars. In 2018, he auctioned off a unit containing $7.5 million in cash in a safe.
Lee Aubrey “Speed” Riggs was an American tobacco auctioneer in Durham, North Carolina, United States. For more than three decades, Riggs appeared on the radio shows Your Lucky Strike Hit Parade and The Lucky Strike Program with Jack Benny for the American Tobacco Company as the voice of Lucky Strike cigarettes. Riggs' career came to an end in 1969, when the United States Federal Trade Commission banned tobacco advertising over all forms of broadcast media.
Thomas Moses McInnis is an American politician. He was elected to the North Carolina State Senate in 2014. A Republican, he serves the 25th District which previously included Anson, Richmond, Scotland, Stanly and a portion of Rowan counties. Due to the redrawing of the legislative district maps in 2018, District 25 now includes Anson, Moore, Richmond and Scotland Counties.
References
- ↑ "Businesses in Noble County, Ohio". Archived from the original on 2009-07-13. Retrieved 2009-09-15.
- https://web.archive.org/web/20130806032756/http://www.auctioneers.org/about-naa
- http://texasauctionacademy.com/the-course/catalog/ Course Catalog for Texas Auction Academy, an auction school located in the Dallas-Fort Worth Metroplex, listing required courses and a description of course content