Dictionary Home »
Dictionary Definitions » auction
auction
An auction is a sale of one or several items in which buyers bid how much they are willing to pay. (noun)
An example of an auction is a the sale of a foreclosed house to the highest bidder.
To auction means to sell an item to the buyer who will pay the most, instead of for a set price. (verb)
An example of to auction is to sell an item using eBay to the highest bidder.
YourDictionary Definitions. Copyright © 2012 by LoveToKnow Corp.
See auction in Webster's New World College Dictionary
See auction in American Heritage Dictionary 4
Learn more about auction
link/cite print suggestion box