subhastatio

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

sŭbhastātĭo, ōnis, f. [subhasto],

a sale by public auction (late Lat. for venditio palam habita), Cod. Just. 4, 44, 16; Cod. Th. 10, 17, 3.