Examlex
Chemical mediators released from platelet granules and plasma membranes stimulate contraction of vascular smooth muscle.
English Auction
A public sales process where ascending bids are placed for a specific item, with the highest bid at the end winning the item.
Rational Bidders
Individuals or entities that make bid decisions in auctions based on an assessment of value, aiming to maximize their utility.
Vickrey Auction
A sealed-bid auction where the highest bidder wins but pays the price bid by the second-highest bidder.
Foreclosed
A legal process in which a lender takes possession of a property after the borrower fails to make mortgage payments.
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