English Explanatory Dictionary

auction

English dictionary entry

Meanings

noun
  1. A public event where goods or property are sold to the highest bidder.
  2. The first stage of a deal, in which players bid to determine the final contract.
verb
  1. To sell at an auction.

Pronunciation

ôk'shən /ˈɔːkʃən/ /ˈɔkʃən/ /ˈɑkʃən/ en-us-auction.ogg ŏk'shən

Word forms

auction auctions auctioning auctioned

Etymology

From Latin auctiō (“an increase, auction”), from augere (“to increase”).

Synonyms

roup sale

Related words

augment bid bidder

Derived words

auctionable auction block auction bridge auction call auctioneeress auctioner auction-goer auctiongoer auction house auctionlike auction pitch auction theory candle auction cyberauction dollar auction Dutch auction e-auction jam auction knockout auction midauction nonauction penny auction postauction preauction re-auction reauction silent auction slave auction Vickrey auction auctioneer auctionability auction off unauctioned
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