auction
1auc·tion
noun \ˈȯk-shən\Definition of AUCTION
1
: a sale of property to the highest bidder
2
: the act or process of bidding in some card games
Examples of AUCTION
- She bought the desk at an auction.
- He made several bids at the auction.
Origin of AUCTION
Latin auction-, auctio, from augēre to increase — more at eke
First Known Use: 1595
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