reliceor

A New Latin Dictionary by Charlton T. Lewis Ph.D. and Charles Short, LL. D.

rĕ-lĭcĕor, ēri, v. n.,

to bid less at an auction , Cic. Off. 3, 15, 61 Orell. (but the better reading is se liceatur, Bait. v. Heine ad loc.).