AUCTION

auction, auction sale, vendue

(noun) the public sale of something to the highest bidder

auction, auction bridge

(noun) a variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge

auction, auction off, auctioneer

(verb) sell at an auction

Source: WordNet® 3.1


Etymology

Noun

auction (plural auctions)

A public event where goods or property are sold to the highest bidder.

(bridge) The first stage of a deal, in which players bid to determine the final contract.

Synonyms

• roup sale

Verb

auction (third-person singular simple present auctions, present participle auctioning, simple past and past participle auctioned)

To sell at an auction.

Anagrams

• caution, tauonic

Source: Wiktionary


Auc"tion, n. Etym: [L. auctio an increasing, a public sale, where the price was called out, and the article to be sold was adjudged to the last increaser of the price, or the highest bidder, fr. L. augere, auctum, to increase. See Augment.]

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 Pope.

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. P. Cyc.

Auc"tion, v. t.

Definition: To sell by auction.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

22 September 2024

SPRINGBOARD

(noun) a beginning from which an enterprise is launched; “he uses other people’s ideas as a springboard for his own”; “reality provides the jumping-off point for his illusions”; “the point of departure of international comparison cannot be an institution but must be the function it carries out”


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Coffee Trivia

Decaffeinated coffee is not caffeine-free. Studies from the National Institute of Health (US) have shown that virtually all decaf coffee types contain caffeine. A 236-ml (8-oz) cup of decaf coffee contains up to 7 mg of caffeine, whereas a regular cup provided 70-140 mg.

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