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Definition of "auction" []

  • A public sale in which property or items of merchandise are sold to the highest bidder. (noun)
  • Games The bidding in bridge. (noun)
  • Games Auction bridge. (noun)
  • To sell at or by an auction: auctioned off the remaining inventory. (verb-transitive)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "auction" in a sentence
  • "At the prices asked, designer chick needs to hire a decent model, eliminate the term auction from the listings, & get a clue: at nearly a thousand bucks for a no exchange/no return item, she clearly is whimbsicly deluded."
  • "A second pair of facilities, the term auction facility for depository institutions and tern securities lending facility for primary dealers makes available predetermined aggregate amounts of longer term funding on pre-announced dates with the interest rate and the distribution of the awards across institutions being determined by competitive auction."
  • "Those will now be available for 84 days in addition to the 28-day loans under the term auction facility."