'Licitation' definitions:
Definition of 'Licitation'
From: GCIDE
- Licitation \Lic`i*ta"tion\ (l[i^]s`[i^]*t[=a]"sh[u^]n), n. [L. licitatio, fr. licitari, liceri, to bid, offer a price.] The act of offering for sale to the highest bidder. [R.] [1913 Webster]