DictionaryAI

auction

SayAWK-shuhnAUS/ˈɔkʃən/UK/ˈɔːkʃən/

Pluralauctions

Verbauctions, auctioning, auctioned

3 meanings of auction

Practice

  1. 1
    nouncountable or uncountable
    A public sale where things go to the person who offers the most money.

    Like a contest where the person who offers the most money wins the item.

    They bought an old clock at the auction last weekend.

    The charity auction raised thousands of dollars for the new shelter.

    Similarsale

    Note
  2. 2
    verbtransitive
    To sell something at a public sale to the person who offers the most money.

    Like selling your bike to whoever offers the most money.

    The town will auction the unused fire truck to raise money.

    She auctioned her paintings to collectors at the gallery.

    Similarsell

  3. 3
    nouncountable
    In the card game bridge, the first part of a hand where players bid to decide the final contract.

    Like taking turns to say how much you will try to win before the game really starts.

    During the auction, she bid two hearts.

    The auction ended when everyone passed.

    Similarbidding

    Note

Practice

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Origin

From Latin auctio, meaning "an increase" or "auction," from the Latin word augere, "to increase."