Auction
Auc·tion
Auction
n.
- A public sale of property to the highest bidder, esp. by a person licensed and authorized for the purpose; a vendue.
-
The things sold by auction or put up to auction.
Ask you why Phryne the whole auction buys ?
Phrases & Compounds
- 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.
Auction
v. t.
- To sell by auction.