Instruments

Auction

A public sale 🔨 of shares that were not picked up by shareholders during a Right Issue.

When people don't buy their Right Shares, banks sell them in an auction. You have to submit a sealed envelope with your bid price. It's the 'leftover shares garage sale' – bid high enough or someone else snatches your bargain!

Nepali Definition

लिलामी शेयर (Auction)

साधारण वा हकप्रद शेयर नबिकेपछि सबैको लागि खुला गरिने बोलकबोल प्रक्रिया।

हकप्रदमा नबिकेका शेयरहरू बैंकले लिलामीमा बेच्छ। यसमा तपाईंले 'म यतिमा किन्न तयार छु' भनेर गोप्य दरभाउ पत्र बुझाउनुपर्छ। यो 'बाँकी शेयर ग्यारेज सेल' हो – पर्याप्त उच्च बोल्नुहोस् नत्र अर्कोले तपाईंको बार्गेन छोप्छ!