lĭcĭtātĭo — Lewis & Short
lĭcĭtātĭo, ōnis, f.licitor,
I an 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.