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AuctionAuction Auc"tion, n. [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. Auction
Auction Auc"tion, v. t.
To sell by auction.
Auction pitch
Auction pitch Auction pitch
A game of cards in which the players bid for the privilege of
determining or ``pitching' the trump suit. --R. F. Foster.
Auctionary
Auctionary Auc"tion*a*ry, a. [L. auctionarius.]
Of or pertaining to an auction or an auctioneer. [R.]
With auctionary hammer in thy hand. --Dryden.
Auctioneer
Auctioneer Auc`tion*eer", v. t.
To sell by auction; to auction.
Estates . . . advertised and auctioneered away.
--Cowper.
Auctioneer
Auctioneer Auc`tion*eer", n.
A person who sells by auction; a person whose business it is
to dispose of goods or lands by public sale to the highest or
best bidder.
Dutch auctionAuction Auc"tion, n. [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. Dutch auctiontouto. The English have applied the name especially to the
Germanic people living nearest them, the Hollanders. Cf.
Derrick, Teutonic.]
Pertaining to Holland, or to its inhabitants.
Dutch auction. See under Auction.
Dutch cheese, a small, pound, hard cheese, made from skim
milk.
Dutch clinker, a kind of brick made in Holland. It is
yellowish, very hard, and long and narrow in shape.
Dutch clover (Bot.), common white clover (Trifolium
repens), the seed of which was largely imported into
England from Holland.
Dutch concert, a so-called concert in which all the singers
sing at the same time different songs. [Slang]
Dutch courage, the courage of partial intoxication. [Slang]
--Marryat.
Dutch door, a door divided into two parts, horizontally, so
arranged that the lower part can be shut and fastened,
while the upper part remains open.
Dutch foil, Dutch leaf, or Dutch gold, a kind of brass
rich in copper, rolled or beaten into thin sheets, used in
Holland to ornament toys and paper; -- called also Dutch
mineral, Dutch metal, brass foil, and bronze leaf.
Dutch liquid (Chem.), a thin, colorless, volatile liquid,
C2H4Cl2, of a sweetish taste and a pleasant ethereal
odor, produced by the union of chlorine and ethylene or
olefiant gas; -- called also Dutch oil. It is so called
because discovered (in 1795) by an association of four
Hollandish chemists. See Ethylene, and Olefiant.
Meaning of Auctio from wikipedia
