STERILIZATION IN PLACE (SIP) MODULE SIP Module is a fully automated Sterilization in Place System for Sterilization of Processing vessels in Sterile areas. Click Here To Download: â¢Product Sheet: Sterilization In Place (SIP) Module. STERILIZATION IN PLACE (SIP) MODULE SIP Module is a fully automated Sterilization in Place System for Sterilization of Processing vessels in Sterile areas.
Chinese auction. A Chinese auction is a combination of a raffle and an auction that is typically featured at charity, church festival and numerous other events. Can also be known as penny social, penny sale, tricky tray or pick-a-prize according to local custom, or to avoid causing offense.
BREAKING DOWN 'Auction'. For example, Google used a modified form of auctioning called the dutch auction when it issued its IPO. In this form of auction, prospective buyers submitted bids that included the number of shares desired and what the bidder was willing to pay for them. After the auction ended, the underwriters sorted through bids in order to determine the minimum priced bid they would accept from buyers. The IPO was priced at $85. The internet has increased the amount of exposure that auctions now have, and bidders no longer have to be physically present to participate.