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1

auction

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noun auc·tion \ˈȯk-shən\

Simple Definition of auction

  • : a public sale at which things are sold to the people who offer to pay the most

Full Definition of auction

  1. 1 :  a sale of property to the highest bidder

  2. 2 :  the act or process of bidding in some card games

Examples of auction

  1. She bought the desk at an auction.

  2. He made several bids at the auction.



Origin of auction

Latin auction-, auctio, from augēre to increase — more at eke


First Known Use: 1595


2

auction

verb auc·tion

Simple Definition of auction

  • : to sell (something) at an auction

Full Definition of auction

auc·tionedauc·tion·ingplay \-sh(ə-)niŋ\

  1. transitive verb
  2. :  to sell at auction <auctioned off his library>

Examples of auction

  1. They auctioned a similar desk last year.

  2. The house was auctioned last week.



Circa 1798

First Known Use of auction

circa 1798




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