What does buy-side auction mean?

buy-side auction meaning in Law Dictionary

buy-side analyst generally works for a pension fund or mutual fund business. These individuals perform research and work out guidelines to the money managers for the investment that employs them. Buy-side analysts should determine just how encouraging an investment appears and exactly how well it coincides with all the investment's investment strategy; they will base their particular tips about this evidence.

buy-side auction meaning in Business Dictionary

online auction in which a prospective buyer bids for an item (like an air admission) and verifies the quote with agreement to charge his / her credit card. If the seller (the flight) agrees, the quote amount is attracted from the card together with purchase is completed on delivery of product toward purchaser.