#public auction
- To award — To award by judicial decision, public auction, or following a competition a property, a contract, a work, or a prize to one of the participating persons; to officially recognize someone's ownership or winning right in a legal and structural manner.
- Adjudication — The act of adjudicating and its result; a legal and administrative act by which an asset put up for public auction, a procurement contract, or the execution of works is definitively assigned, by official decision, to the person who offered the most advantageous price or met the requested technical criteria.
- To award — To award by judicial decision, public auction, or following a competition a property, a contract, a work, or a prize to one of the participating persons; to officially recognize someone's ownership or winning right in a legal and structural manner. It also represents the 3rd person present indicative form of the same verb.
- Successful bidder — A natural or legal person to whom a property put up for public auction or a procurement contract is officially awarded, following the presentation of the most advantageous financial or technical offer. Represents the final beneficiary of the award process, acquiring contractual or property rights and obligations in relation to the contracting authority or executor.
- Adjudication — A bookish and archaic form of the noun 'adjudecare' (adjudication), denoting the legal and administrative operation by which an asset (movable or immovable) subject to foreclosure or public auction is definitively sold and transferred into the estate of the highest bidder. The term reflects the massive influence of Romano-French law on old Romanian legislation.