Auction Definition
ôkshən
auctioned, auctioning, auctions
noun
auctions
A public sale in which property or items of merchandise are sold to the highest bidder.
American Heritage
A public sale at which items are sold one by one, each going to the last and highest of a series of competing bidders.
Webster's New World
Webster's New World
The bidding in bridge.
Webster's New World
A sale of government securities in which competitive bidding determines their yield.
Webster's New World
Synonyms:
- auction bridge
- auction-sale
- vendue
- venture
- trade
- sell
- offering
- bidding
- job-lot
- dutch auction
- block
- sale
- public sale
- barter
- bankruptcy sale
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verb
auctioned, auctioning, auctions
To sell at or by an auction.
Auctioned off the remaining inventory.
American Heritage
To sell at an auction.
Webster's New World
Auction is defined as to sell an item to the buyer who will pay the most, instead of for a set price.
An example of to auction is to sell an item using eBay to the highest bidder.
YourDictionary
Synonyms:
- auctioneer
- auction-off
- put under the hammer
- put-on-the-block
- sell at auction
other
See sale.
Webster's New World Law
idiom
auction off
- to sell at auction
Webster's New World
put up at auction
- to offer for sale at an auction
Webster's New World
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Idioms, Phrasal Verbs Related to Auction
- auction off
- put up at auction
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