TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

HORSE AUCTION [4 records]

Record 1 2012-05-02

English

Subject field(s)
  • Horse Racing and Equestrian Sports
DEF

A claiming race at the end of which the winning horse is offered for sale.

OBS

The "selling race", so called because the winning horse was put up for auction, is now replaced by the claiming race.

OBS

A selling race is also called a "seller", but the latter also means a horse running in such a race.

Key term(s)
  • claiming race

French

Domaine(s)
  • Courses hippiques et sports équestres
CONT

Les catégories spéciales [de courses] comprennent: les courses de novices [...], les courses de yearlings [et] les courses à vendre dont le vainqueur est mis aux enchères [après la tenue de l'épreuve].

Spanish

Save record 1

Record 2 2012-04-18

English

Subject field(s)
  • Investment
  • Amalgamation and Partnerships (Finance)
  • Bankruptcy
CONT

A stalking horse bidder is the first party that enters into a binding commitment with the debtor to purchase its assets or business. This lead bidder enters into a purchase agreement that establishes a floor for subsequent bids at an auction.

OBS

It is not unusual for a potential purchaser to negotiate limited periods of exclusive dealing in a bankruptcy, thus maximizing the opportunity for it to become the stalking horse bidder.

French

Domaine(s)
  • Investissements et placements
  • Fusion, absorption et coparticipation (Finances)
  • Faillites
CONT

[...] si on a recours à un soumissionnaire-paravent [...], on peut protéger l'acquéreur et réduire les risques à leur minimum pour ce qui est des dettes du vendeur, une fois que la transaction est conclue.

Spanish

Save record 2

Record 3 2004-06-07

English

Subject field(s)
  • Games of Chance
  • Horse Racing and Equestrian Sports
DEF

A betting pool in which selections(as of starters in a horse race) are sold at auction, the auctioneer usu. retaining a percentage of the pool.

CONT

An auction pool is comprised of the wagers paid by players who offered the highest bids on the competitors. The auction pool is distributed to the player who wagered on the winning competitor. The winning competitor may be one competitor, a team of competitors, or ranked competitors.

OBS

Used instead of pari-mutuel to bet on horses.

French

Domaine(s)
  • Jeux de hasard
  • Courses hippiques et sports équestres

Spanish

Campo(s) temático(s)
  • Juegos de azar
  • Carreras de caballos y deportes ecuestres
Save record 3

Record 4 1996-04-22

English

Subject field(s)
  • Sales (Marketing)
CONT

All entries are sold as is at the horse auction.

French

Domaine(s)
  • Vente

Spanish

Save record 4

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