licitation noun.
[lɪsɪ'teɪʃ(ǝ)n] E17.[Latin licitatio(n-), from licitat- pa. ppl stem of licitari bid at an auction: see -ATION.]Now
US Law. The action of putting something up for sale to the highest bidder.
► Only in Dicts. before
20. [TahlilGaran] English Dictionary ▲