The phrase "auction basis" is correct and usable in written English.
It can be used to describe a method or approach that is based on an auction format or system.
Example: "The items will be sold on an auction basis, allowing bidders to compete for the highest price."
Alternatives: "auction format" or "auction method".
With all of these charges it isn't hard to see how Limbo can become profitable on a per auction basis.
Today, most ad buying is done on an auction basis, which drives down prices for publishers and treats all ad inventory the same.
Aimed at entrepreneurs, SMEs, investors, or just about any web property owner, Freemarket lets users post both websites and domains for sale, either on an auction basis or with a fixed-price eBay-style 'But-It-Now' option.
Bidding had reached $16,000 before eBay stopped the auction on the basis that the seller did not yet have the item to sell.
Intel has won the Basis auction, we're hearing, at a price of around $100 million, according to one source.
Treasury bills are usually sold at auction on a discount basis with a yield equal to the difference between the purchase price and the maturity value.
"Those great wines will continue to be the basis of the (auction) market," Ritchie said.
He cited Automotive Lease Guide's published residual values for November and December 2007, where Kia received a three- to five-point improvement on its residual values across the board on the basis of current auction values in the standard 36-month period on 2007 and 2008 model-year vehicles.
He is alleged to have issued the frequency licences on a "first-come, first-served" basis instead of auctioning them.
Assuming your projections were sound, it would seem you'd have an optimal basis for bidding at auction.
These include a one-off auction in 2008, which forms the basis of China's legal ivory market.
