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   a variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge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

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.]

FreebaseRate 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. Kavita Chellaram:

   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.

2. Gary George:

   . 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,'.

3. James Knight:

   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.

4. Ambassador Vitaly Churkin:

   The antiquities are then offered to collectors from various countries, generally through Internet auction sites such as eBay and specialized online stores.

5. David Goldthorpe:

   . 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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