auction
UK
/ˈɔːkʃən/US /ˈɔːkʃən/auction
NOUNDefinition of auction
An auction is a sale where the goods are sold to the person who offers the most money.
Example: She wanted to sell her house at auction because she hoped to get a higher price.
To auction is to sell goods to the person who offers the most money.
Example: He auctioned the house on Saturday morning.
auction
EXAMPLESExamples of auction
1
She wanted to sell her house at auction because she hoped to get a higher price.
Example sentence2
He auctioned the house on Saturday morning.
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