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Auctioneering
Definitions for WI
52
Other
Professional
09/25/2009

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Term
Automated external defibrillator
Definition
It is approved for commercial distribution by the federal food and drug administration.
2. It is capable of recognizing the presence or absence of ventricular fibrillation or rapid ventricular tachycardia and of determining without intervention by the user of the device whether defibrillation should be performed
3. After having determined that defibrillation should be performed, it is capable, either at the command of an operator or without intervention by an operator, of delivering an electrical shock to an individual.
Term
Defibrillation
Definition
means administering an electrical impulse to an individual's heart in order to stop ventricular fibrillation or rapid ventricular tachycardia
Term
"Department
Definition
means the department of regulation and licensing
Term
"Grant
Definition
means the substantive act of an examining board, section of an examining board, affiliated credentialing board or the department of approving the applicant for credentialing and the preparing, executing, signing or sealing of the credentialing.
Term
"Financial institution
Definition
means any organization authorized to do business under state or federal laws relating to financial institutions, including, without limitation, banks and trust companies, savings banks, building and loan associations, savings and loan associations and credit unions
Term
Issue"
Definition
means the procedural act of the department of transmitting the credential to the person who is credentialed
Term
"Renewal date"
Definition
means the date on which a credential expires and before which it must be renewed for the holder to maintain without interruption the rights, privileges and authority conferred by the credential.
Term
Reprimand"
Definition
means to publicly warn the holder of a credential
Term
Revoke",
Definition
when used in reference to revoking a credential, means to completely and absolutely terminate the credential and all rights, privileges and authority previously conferred by the credential.
Term
"Secretary"
Definition
means the secretary of regulation and licensing.
Term
Suspend",
Definition
when used in reference to suspending a credential, means to completely and absolutely withdraw and withhold for a period of time all rights, privileges and authority previously conferred by the credential.
Term
"Ventricular fibrillation"
Definition
means a disturbance in the normal rhythm of the heart that is characterized by rapid, irregular, and ineffective twitching of the ventricles of the heart.
Term
"Credential"
Definition
means a license, permit, or certificate of certification or registration
Term
"Credentialing"
Definition
means the acts of an examining board, section of an examining board, affiliated credentialing board or the department that relate to granting, issuing, denying, limiting, suspending or revoking a credential.
Term
Credentialing board"
Definition
means an examining board or an affiliated credentialing board in the department.
Term
"Examining board"
Definition
includes the board of nursing
Term
Minority group member
Definition
includes black, Hispanic, american Indian, aleut, native hawiaain, asian Indian, Asian pacific
Term
"Psychotherapy
Definition
means the diagnosis and treatment of mental, emotional, or behavioral disorders, conditions, or addictions through the application of methods derived from established psychological or systemic principles for the purpose of assisting people in modifying their behaviors, cognitions, emotions, and other personal characteristics, which may include the purpose of understanding unconscious processes or intrapersonal, interpersonal, or psychosocial dynamics
Term
“Auctioneer”
Definition
means an individual who is registered as anauctioneer under ch. 480 and who sells secondhand articles or secondhand jewelry at an auction, as defined in s. 480.01 (1).
Term
“Charitable organization”
Definition
means a corporation, trust or community chest, fund or foundation, organized and operated exclusively for religious, charitable, scientific, literary or educational
purposes or for the prevention of cruelty to children or animals,
no part of the net earnings of which inures to the benefit of
any private shareholder or individual.
Term
Customer”
Definition
means a person with whom a pawnbroker, secondhand
article dealer or secondhand jewelry dealer or an agent
thereof engages in a transaction of purchase, sale, receipt or
exchange of any secondhand article or secondhand jewelry.
Term
jewelry
Definition
means any tangible personal property ordinarily
wearable on the person and consisting in whole or in part of any
metal, mineral or gem customarily regarded as precious or semiprecious.
Term
Municipality”
Definition
city village or town
Term
Pawnbroker”
Definition
means any person who engages in the business
of lending money on the deposit or pledge of any article or
jewelry, or purchasing any article or jewelry with an expressed or
implied agreement or understanding to sell it back at a subsequent
time at a stipulated price.
Term
Secondhand”
Definition
means owned by any person, except a
wholesaler, retailer or secondhand article dealer or secondhand
jewelry dealer licensed under this section, immediately before the
transaction at hand.
Term
Secondhand article dealer
Definition
means any person, other than
an auctioneer, who primarily engages in the business of purchasing or selling secondhand articles
Term
“Secondhand jewelry dealer”
Definition
means any person, other than
an auctioneer, who engages in the business of any transaction consisting
of purchasing, selling, receiving or exchanging secondhand
jewelry
Term
Absolute auction
Definition
a) The goods or real estate are sold to the highest bidder.
(b) No minimum price will limit the bid.
(c) The seller may not withdraw the goods or real estate from
the auction after the first bid is received.
(d) The seller may not nullify the sale by bidding himself or
herself or through an agent.
Term
"everything will be sold" or "everything goes"
Definition
The
department will construe written state ents such as these as indicative of an absolute auction
Term
“Auction with reserve”
Definition
means an auction where the seller
or his or her agent reserves the right to establish a minimum bid,
to accept or reject any and all bids or to withdraw the goods or real
estate from sale at any time prior to the announcement of the
completion of the sale by the auctioneer.
Term
Board”
Definition
the auctioneer board
Term
Buyer’s fee or surcharge”
Definition
means an amount of money,
usually based on a percentage of the successful bid, charged to the
successful bidder and either added to the successful bid to determine
the final selling price or paid separately by the successful
bidder in addition to the successful bid.
Term
“Consignor”
Definition
means the owner or representative of the
owner who places goods or real estate with a registrant for sale at
auction.
Term
Department”
Definition
the department of regulation and licensing
Term
False bid”
Definition
means a non-existent bid acknowledged by an
auctioneer in an attempt to escalate bidding.
Term
Minimum bid”
Definition
means the lowest acceptable price at
which the seller agrees to complete the sale.
Term
Registrant”
Definition
means a person registered as an auctioneer or
auction company by the department.
Term
Shill”
Definition
means an employee or agent of the registrant who
bids against legitimate bidders at an auction to escalate bidding.
Term
“State registration number”
Definition
means the number issued to
a registrant by the department, as indicated upon the certificate of
registration.
Term
‘‘Trade name”
Definition
means a name other than the name appearing
on an auctioneer’s or auction company’s registration certificate,
under which an auctioneer or an auction company advertises
or does business.
Term
Dressed fur"
Definition
the dressed or tanned skins of any fur-bearing animal, but does not include fur in the manufactured article.
Term
Fur auctioneer"
Definition
means a person duly licensed to sell furs of wild-fur-bearing animals of this or other states or foreign countries.
Term
"Fur dresser or dyer"
Definition
means a person engaged in the business of dressing, dyeing, tanning and otherwise preparing furs to be made into manufactured articles.
Term
"Itinerant fur buyers"
Definition
means persons other than resident fur dealers who engage in the business of buying, bartering, trading or otherwise obtaining raw furs from trappers or from fur buyers or fur dealers in retail lots for purposes of resale, except those buying furs at a nationally advertised public auction conducted by a regularly licensed fur auctioneer.
Term
Resident fur dealer, Class A
Definition
means persons having an established post or place of business in the state where they carry on the business of buying, bartering, trading and otherwise obtaining raw or dressed furs, to the amount of $2,000 or more each year.
Term
Resident fur dealer, Class B"
Definition
means persons having an established post or place of business in the state where they carry on the business of buying, bartering, trading and otherwise obtaining raw or dressed furs, to the amount of less than $2,000 each year.
Term
itinerant fur buyers' licenses
Definition
Persons who have not had a place of business in the state for at least one year immediately preceding the date of application for such license, shall be issued this license
Term
"Animal market"
Definition
means any premises which are open to the public for the purpose of trading in livestock or wild animals and on which facilities are maintained for their yarding, feeding and watering prior to sale.
Term
"Equine animal
Definition
horse, mule, zebra, donkey or ass.
Term
Livestock"
Definition
bovine animals, sheep, goats, swine, farm-raised deer and equine animals.
Term
animal dealer
Definition
means a person who, as principal or agent, engages in the business of buying for resale or for slaughter, selling or exchanging livestock or wild animals
Term
true
Definition
An auctioneer registered under ch. 480 who sells livestock or wild animals and who is not required to obtain a license under this section shall make records of the sales available to the department upon request for disease investigation purposes.
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