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auction
[ awk-shuhn ]
noun
- Also called public sale. a publicly held sale at which property or goods are sold to the highest bidder.
- Cards.
- (in bridge or certain other games) the competitive bidding to fix a contract that a player or players undertake to fulfill.
verb (used with object)
- to sell by auction (often followed by off ):
He auctioned off his furniture.
auction
/ ˈɔːkʃən /
noun
- a public sale of goods or property, esp one in which prospective purchasers bid against each other until the highest price is reached Compare Dutch auction
- the competitive calls made in bridge and other games before play begins, undertaking to win a given number of tricks if a certain suit is trumps
- See auction bridge
verb
- troften foll byoff to sell by auction
Other Words From
- auction·a·ble adjective
- auction·ary adjective
- pro·auction adjective
- un·auctioned adjective
Word History and Origins
Word History and Origins
Origin of auction1
Example Sentences
The Sandy Hook lawsuit drove Jones to bankruptcy, and a Houston judge ruled that Infowars and other assets owned by Jones could be auctioned off to pay off his creditors.
The Georgian piece contains about 500 diamonds and was bought for almost double the amount estimated by Sotheby's auction house.
Satirical news publication The Onion has bought Infowars, the media organisation headed by conspiracy theorist Alex Jones, for an undisclosed price at a court-ordered auction.
Families are unlikely to ever recoup the entire $1.5 billion penalty, though the company is reportedly headed to auction.
The auction house said the historic sale "launches a new frontier in the global art market, establishing the auction benchmark for an artwork by a humanoid robot".
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