Case involving university where lots go (7)
I believe the answer is:
auction
'where lots go' is the definition.
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for auction that I've seen before include "Public sale - type of bridge" , "Public bidding sale" , "Occasion of lots under the gavel" , "Lots are sold here!" , "Competitive sale" .)