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lĭcĭtātĭo , ōnis, f. licitor, offering of a price, a bidding for any thing, at sales and auctions: “exquisitis palam pretiis et licitationibus factis,Cic. Verr. 2, 2, 53, § 133; id. Att. 11, 15, 4: “praedam ad licitationem dividere,to the highest bidders, Suet. Ner. 26: “licitatione maxima comparare aliquid,id. Calig. 22: “ad licitationem rem deducere,Dig. 10, 2, 6: “licitatione vincere,to bid highest, ib. 10, 2, 6: “penes quem licitatio remansit,to whom it was knocked down, ib. 10, 3, 19: “cum contentio fructus licitationis est,Gai. Inst. 4, 244.
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