Definitions for auction
ˈɔk ʃənauc·tion

Princeton's WordNetRate this definition:3.8 / 5 votes

1. auction, auction bridgenoun

   a variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge

2. auction, auction sale, vendueverb

   the public sale of something to the highest bidder

3. auction, auction off, auctioneerverb

   sell at an auction

WiktionaryRate this definition:2.0 / 1 vote

1. auctionnoun

   A public event where goods or property are sold to the highest bidder.

2. auctionverb

   To sell at an auction.

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. AUCTIONnoun

   Etymology: auctio, Lat.

   1. A manner of sale in which one person bids after another, till so much is bid as the seller is content to take.2. The things sold by auction.

   Ask you why Phrine the whole auction buys;
   Phrine foresees a general excise. Alexander Pope.

2. To Auctionverb

   To sell by auction

   Etymology: from auction.

WikipediaRate this definition:0.0 / 0 votes

1. Auction

   An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically.Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, and many more.

ChatGPTRate this definition:0.0 / 0 votes

1. auction

   An auction is a public or private sale event where goods, property, or services are sold to the highest bidder. The item up for auction is usually presented or described, and potential buyers then compete by progressively raising their bids until no higher bid is offered, at which point the item is sold to the highest bidder. In some cases, there may be a reserve price which is the minimum acceptable bid for the item to be sold. The process can be conducted live, online, or through a combination of both methods.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Auctionnoun

   a public sale of property to the highest bidder, esp. by a person licensed and authorized for the purpose; a vendue

2. Auctionnoun

   the things sold by auction or put up to auction

3. Auctionverb

   to sell by auction

4. Etymology: [L. auctio an increasing, a public sale, where the price was called out, and the article to be sold was adjudged to the last increaser of the price, or the highest bidder, fr. L. augere, auctum, to increase. See Augment.]

WikidataRate this definition:0.0 / 0 votes

1. Auction

   An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.

Chambers 20th Century DictionaryRate this definition:0.0 / 0 votes

1. Auction

   awk′shun, n. a public sale in which the bidder offers an increase on the price offered by another, and the articles go to him who bids highest.—v.t. to sell by auction.—adj. Auc′tionary.—n. Auctioneer′, one who is licensed to sell by auction.—v.t. to sell by auction.—Dutch auction, a kind of mock auction at which the salesman starts at a high price, and comes down till he meets a bidder. [L. auction-em, an increasing—augēre, auctum, to increase.]

Matched Categories

1. • Bridge

British National Corpus

1. Nouns Frequency

   Rank popularity for the word 'auction' in Nouns Frequency: #2348

Anagrams for auction »

1. caution

How to pronounce auction?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say auction in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of auction in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of auction in Pythagorean Numerology is: 2

Examples of auction in a Sentence

1. Michael Shanahan:

   I know him personally. He's like a pitbull when he has an idea. He wants to wake up the country. he's upset that politicians can be bought and sold at auction, and I agree with him. That's the point he's trying [to make].

2. Phil Grant:

   This auction does not solve the long term problem in attracting new entrant large scale gas plant to the market.

3. Tom Wheeler:

   If I am invited back to this show next year, there will be a spectrum auction ongoing in the US at that time, we will hold for the first time in the world an incentive auction in which we seek to buy back 600 megahertz spectrum from broadcasters and repackage it to sell to the wireless industry.

4. Francis Wahlgren:

   There hasn't been any Watson scientific manuscript material ever offered at auction before.

5. Andreas Mueller:

   It was positive for the companies involved that the prices they paid were pretty low -– less than half of the previous auction in 2012 for 4G.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=auction
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Auction
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=auction
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Auction
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/auction
7. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=auction
8. ^ Chambers 20th Century Dictionary
   https://www.gutenberg.org/files/37683/37683-h/37683-h.htm#:~:text=auction