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Auction   /ˈɑkʃən/  /ˈɔkʃən/   Listen
noun
Auction  n.  
1.
A public sale of property to the highest bidder, esp. by a person licensed and authorized for the purpose; a vendue.
2.
The things sold by auction or put up to auction. "Ask you why Phryne the whole auction buys?" Note: In the United States, the more prevalent expression has been "sales at auction," that is, by an increase of bids (Lat. auctione). This latter form is preferable.
Dutch auction, the public offer of property at a price beyond its value, then gradually lowering the price, till some one accepts it as purchaser.



verb
Auction  v. t.  To sell by auction.






Collaborative International Dictionary of English 0.48








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"Auction" Quotes from Famous Books



... outfit from the most fashionable tailor in New York. This order and others drilled a large hole in his first quarter's income, but he regarded that as a trifling detail. His mother and sister were meanwhile selling the homely necessities of their flat at auction, as the first step to a year abroad. They wondered at Andrew's desire to go to Newport, but had heard that it was a pretty place with a good bathing-beach, and much visited by tourists. They spent the last night together ...
— The Bell in the Fog and Other Stories • Gertrude Atherton

... a bit of ground keep a few fowls. Get a hundred of them, if you can, and turn them into the garden. Buy up twenty sacks, if you like, of damaged biscuits. You can get them for an old song. The commissariat have been clearing out their stores, and there are a lot of damaged biscuits to be sold, by auction, tomorrow. You would get twenty sacks ...
— Held Fast For England - A Tale of the Siege of Gibraltar (1779-83) • G. A. Henty

... disputing parties, and the vociferating of prices by those who have articles for sale. It is a sort of Babel in miniature, where Jews and brokers push by you every instant, hastily shuffling along, and loaded with some piece of second-hand finery to be put up at auction; such as, for instance, an incense salver, a piece of Persian silk, an Albanian rifle, an old silk or velvet robe, embroidered with gold, the property of some gay Turkish lady, who having exhausted ...
— Journal of a Visit to Constantinople and Some of the Greek Islands in the Spring and Summer of 1833 • John Auldjo

... County, Alabama. If, after maturity, any part of the unpaid indebtedness remains unpaid, Jones and Co., or their agents or assigns, are authorized and empowered to seize and sell all or any of the above described property, at private sale or public auction, as they may elect, for cash. If at public auction, before their store door or elsewhere, in Fort Deposit, Alabama, after posting for five days written notice of said sale on post office door in said town, and to apply the proceeds of said sale ...
— The Negro Farmer • Carl Kelsey

... looked like the crowd at a large farm-auction—grandfather, father, mother, a couple of sons and two or three daughters, at least one baby in the arms of each grown-up, all jammed into two seats already filled with trunks and baby-carriages. And they were happy—incredibly ...
— Free Air • Sinclair Lewis


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