auction

noun
auc·​tion | \ ˈȯk-shən How to pronounce auction (audio) \

Definition of auction

 (Entry 1 of 2)

1 : a sale of property to the highest bidder
2 : the act or process of bidding in some card games

auction

verb
auctioned; auctioning\ ˈȯk-​sh(ə-​)niŋ How to pronounce auctioning (audio) \

Definition of auction (Entry 2 of 2)

transitive verb

: to sell at auction auctioned off his library

Examples of auction in a Sentence

Noun

She bought the desk at an auction. He made several bids at the auction.

Verb

They auctioned a similar desk last year. The house was auctioned last week.
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Recent Examples on the Web: Noun

With the dawn of the internet and online auctions, collectors were able to connect and exchange items in unprecedented ways, and the hobby only grew. Alexander Huls, Popular Mechanics, "The Great Star Wars Heist," 7 Mar. 2019 As the final moments of the auction remained, a Y2K-meets-Mars 2112 atmosphere descended. Kaitlyn Weiss, Vogue, "Inside BAM’s Otherworldy Gala Honoring Ethan Hawke and Walter Mosley," 16 May 2019 An auction would certainly attract Apple and Qualcomm as serious bidders, but other companies such as Samsung and Google could also get in on it. Michael Simon, PCWorld, "Intel’s exit leaves Qualcomm in full control of the 5G smartphone modem roadmap," 17 Apr. 2019 Public-lands lease sales are quarterly auctions administered by the federal government’s Bureau of Land Management (BLM) during which oil and gas developers bid for leases to drill on public lands. Maia Wikler, Teen Vogue, "Activists Protest Bureau of Land Management Leasing That Allow Oil and Gas Drilling on Public Lands," 15 Apr. 2019 It’ll be specially crafted for whoever wins the auction, and made to fit up to a US size 5. Dami Lee, The Verge, "Jony Ive and Marc Newson designed a $250,000 all-diamond ring for charity," 24 Nov. 2018 All donations and proceeds from the auction will go to the Jewish Federation of Greater Pittsburgh and will establish a fund with the City of Pittsburgh Dept. of Public Safety in support of the police officers injured on October 27th. Carolyn Twersky, Seventeen, "Moving On and Making a Difference in the Wake of the Tree of Life Shooting," 2 Nov. 2018 Depending on its condition, that one stamp is worth a small fortune–a single Inverted Jenny has sold at auction for more than $500,000 in recent years. Daniel Fernandez, Smithsonian, "How the Inverted Jenny, a 24-Cent Stamp, Came to Be Worth a Fortune," 15 May 2018 Garces emphasized that operations at the company, including a catering division, would continue after the auction. Michael Klein, Philly.com, "Distrito in Moorestown to close as sale of Garces restaurants to go forward," 31 May 2018

Recent Examples on the Web: Verb

At an office party on Wall Street in 1929, my father learned that the owner of oceanfront property in New York’s East Atlantic Beach had gone bankrupt and was auctioning off the land. ... Marc Myers, WSJ, "A New York Beach House Set the Stage for Playwright John Guare," 12 Mar. 2019 Other pieces from Marie Antoinette's collection, including a crown and brooch, haven't been seen publicly in over 200 years and were auctioned off and sold for a total of $43 million. Isabel Greenberg, Harper's BAZAAR, "Marie Antoinette's Pearl Pendant Just Sold for a Casual $36 Million," 15 Nov. 2018 With 600 guests in attendance (and likely some extra slices needed for saving in the freezer as well as auctioning off), the cake could cost well more than $7,000 alone. Rachel King, Fortune, "The Royal Wedding: How Much Security, Renovations, and Meghan Markle's Dress Might Cost," 17 May 2018 The vehicle was declared a total loss by the insurer and was auctioned off. Ralph Vartabedian, latimes.com, "Electrical defects cause Priuses to stall; Toyota may be bracing for a legal fight as safety worries grow," 23 Apr. 2018 In rural or conservative counties, firearms often are raffled or auctioned off at banquets and crab feed dinners such as the one held February in Cameron Park to raise money for firefighters. Ryan Sabalow, sacbee, "Why California lawmaker wants to restrict charity gun raffles | The Sacramento Bee," 10 Apr. 2018 His lawyer, Benjamin Brafman, said in court filings that Mr. Shkreli had already seen at least one of his items seized by the government: Tax authorities in New York took, and auctioned off, his Enigma code-breaking machine. Stephanie Clifford, New York Times, "Martin Shkreli’s Wu-Tang Album Could Be Seized by Government," 5 Mar. 2018 Update: Topgolf and Heroes for Children have released statements after the football with a fake J.J. Watt signature was auctioned off at their annual golf tournament. Alysha Tsuji, For The Win, "J.J. Watt calls out photo showing someone faked his signature on a football," 1 Mar. 2018 The company closed, auctioned off or sold 135 stores between August 2015 and December 2015, leaving 29 core stores. Tribune News Service, OregonLive.com, "Bankruptcy judge rules against Haggen creditors," 25 Jan. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'auction.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of auction

Noun

1595, in the meaning defined at sense 1

Verb

1723, in the meaning defined above

History and Etymology for auction

Noun

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

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Statistics for auction

Last Updated

2 Jun 2019

Look-up Popularity

Time Traveler for auction

The first known use of auction was in 1595

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More Definitions for auction

auction

noun

English Language Learners Definition of auction

 (Entry 1 of 2)

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

auction

verb

English Language Learners Definition of auction (Entry 2 of 2)

: to sell (something) at an auction

auction

noun
auc·​tion | \ ˈȯk-shən How to pronounce auction (audio) \

Kids Definition of auction

 (Entry 1 of 2)

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

auction

verb
auctioned; auctioning

Kids Definition of auction (Entry 2 of 2)

: to sell at an auction The art was auctioned today.

auction

noun
auc·​tion

Legal Definition of auction

: a public sale of property to the highest bidder — see also reserve

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