What does auction mean?
Definitions for auction
This dictionary definitions page includes all the possible meanings, example usage and translations of the word auction.
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a variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge
auction, auction sale, vendueverb
the public sale of something to the highest bidder
auction, auction off, auctioneerverb
sell at an auction
A public event where goods or property are sold to the highest bidder.
To sell at an auction.
Samuel Johnson's Dictionary
Etymology: auctio, Lat.
Ask you why Phrine the whole auction buys;
Phrine foresees a general excise. Alexander Pope.
To sell by auction
Etymology: from 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.
a public sale of property to the highest bidder, esp. by a person licensed and authorized for the purpose; a vendue
the things sold by auction or put up to auction
to sell by auction
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.]
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 Dictionary
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.]
British National Corpus
Rank popularity for the word 'auction' in Nouns Frequency: #2348
Anagrams for auction »
The numerical value of auction in Chaldean Numerology is: 9
The numerical value of auction in Pythagorean Numerology is: 2
Examples of auction in a Sentence
There's much more awareness, people all over Nigeria and Marketplace Africa today are looking towards art, and in fact Kenya has opened an auction house, Uganda's having an auction this year, so there is a bit of a domino effect in Marketplace Africa.
. NASA admitted in 2006 that no one could find the original video recordings of the historic moon landing. The U.S. space agency did not immediately respond to a request for comment on the upcoming auction. In 2008, Gary George was vacationing with a NASA friend who told Gary George Gary George was tasked with locating the lost videotapes. Gary George said,' It seems we've lost our original tapes of the Apollo 11 EVA,' quite frankly, I was sitting at the table drinking a beer and I said,' Well damn, I have those,'.
It is the first time such a car is being offered at public auction, buyers want a car to have had few owners, a service handbook and a low odometer reading.
The antiquities are then offered to collectors from various countries, generally through Internet auction sites such as eBay and specialized online stores.
. Sotheby's will offer the egg at an auction on Thursday. It said it was estimated at 30,000 - 50,000 pounds( $ 76,410). In the 19th century they were greatly prized as sort of natural history curios by collectors, so a lot of them were collected then. But it's very rare to find them intact as this one is, they're often reassembled from broken parts. They're often found in remnants of fires from early settlers of Madagascar, which indicates they were probably used for food, which has contributed to the bird's extinction.
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Translations for auction
From our Multilingual Translation Dictionary
- مزاد, مزايدة, مزاد علنيArabic
- търг, наддаване, продавам на търгBulgarian
- subhasta, subhastarCatalan, Valencian
- dražba, aukceCzech
- versteigern, Versteigerung, AuktionGerman
- rematar, subastar, subasta, remateSpanish
- huutokaupata, huutokauppaFinnish
- enchères, vente aux enchèresFrench
- ceant, cuir ceant ar, cuir ar ceant, ceantáilIrish
- poxa, almoeda, poxar, proiaGalician
- מכירה פומביתHebrew
- árverés, aukcióHungarian
- mettere all'asta, vendere all'asta, astaItalian
- מכירה פומביתHebrew
- 競売, オークションJapanese
- 경매, 경매하다Korean
- auctio, praecoLatin
- veiling, veilenDutch
- auksjonNorwegian Nynorsk
- leilão, leiloarPortuguese
- аукција, aukcijaSerbo-Croatian
- వేలం వేయు, వేలంTelugu
- açık artırma, müzayede, mezatTurkish
- bán đấu giá, đấu giáVietnamese
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