For Auction-Block Elections we have a term and definition in Campaign Finance.

Elections in which campaign giving is so dominated by vested-interest contributors as to create the impression, if not the reality, that candidates are "for sale" to the highest "bidders." These large contributors expect to "buy" access, if not actual votes, in exchange for donations. See also "Access"
"The buying and selling of political influence is a long-standing -- though shameful -- tradition in American politics. It's time to take Congress off the auction block." -- former U. S. Sen. David Boren (D-Okla.)
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