Auctioneer
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
A person authorized or liconsed by law to sell lands or goods of other persons at public auction; one who sells at auction.
Crandall v. State, 28 Ohio St. 481; Williams v. Millington, 1 H. BL 83; Russell v. Miner, 5 Lane, (N. Y.) 539.
Auctioneers differ from brokers, in that the latter may bath buy and sell, whereas auctioneers can only sell; also brokers may sell by private contract only, and auctioneers by public auction only. Auctioneers can only sell goods for ready money, but factors may sell upon credit Wilkes v. Ellis, 2 H. Bl. 557 ; Steward v. Winters, 4 Sandf. Oh. (N. Y.) 590.