auction
Americannoun
-
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)
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
Other Word Forms
- auctionable adjective
- auctionary adjective
- proauction adjective
- unauctioned adjective
Etymology
Origin of auction
1585–95; < Latin auctiōn- (stem of auctiō ) an increase, especially in the bidding at a sale, equivalent to auct ( us ) increased, past participle of augēre ( aug- increase + -tus past participle suffix) + -iōn- -ion
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The White House proposal would involve an emergency auction within the country’s biggest power market.
Unpersuaded, Warner in October announced a strategic review, effectively setting up an auction.
Discovery Chief David Zaslav for ending the auction, the Ellisons and their team began plotting their comeback on that crisp December day.
From Los Angeles Times
A handwritten letter penned by Queen Elizabeth II as a child has been sold at auction for £25,000.
From BBC
The property company was at the time the local real estate representative of the renowned UK-based auction house Christie's.
From BBC
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.