public sale
Etymology
LatinOld EnglishEnglish
The phrase combines 'public' (from Latin 'publicus', meaning 'of the people') with 'sale' (from Old English 'sala', meaning 'a selling or handing over of goods'). It has been used in English legal contexts since at least the 1600s to describe property sales open to all prospective buyers, distinct from private treaty sales.
First known use
1641
1641, in the meaning defined above