noun, noun or participle which takes 'suru', transitive verb
successful bid; winning a tender
Used in auctions and competitive bidding contexts, both as a noun and as a suru-verb.
彼はオークションで絵画を落札した。
He made the winning bid for the painting at the auction.
落札価格は予想以上に高かった
The winning bid price was higher than expected.