rare0. [ad. L. licitātiōn-em, f. licitārī: see prec.] (See quots.).
1623. Cockeram, Licitation, an inhauncing of a price set vpon any thing that is sold.
1656. Blount, Giossogr., Licitation, a setting out to sale; a prizing or cheapening.
1848. Wharton, Law Lex., Licitation, the act of exposing to sale to the highest bidder.