Definition of Auction. Meaning of Auction. Synonyms of Auction
Here you will find one or more explanations in English for the word Auction.
Also in the bottom left of the page several parts of wikipedia pages related to the word Auction and, of course, Auction synonyms and on the right images related to the word Auction.
Definition of Auction
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
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 Auc"tion, v. t.
To sell by auction.
Meaning of Auction from wikipedia
- An auction
and selling goods
them up for bid, taking
bids, and then selling
the item to the highest...
- An online auction
(or also electronic auction
) is an auction which
is held over the internet. Like auctions
in general, online...
- A Vickrey auction
or sealed-bid second-price auction
(SPSBA) is a type of sealed-bid auction
. Bidders submit written
bids without knowing
the bid of the...
- A Dutch auction
is one of several similar types
goods. Most commonly, it means
- Auction sniping
is the practice, in a timed online auction
, of placing
a bid likely
the current highest
bid (which may be hidden) as late as...
- An English auction
is an open-outcry ascending dynamic auction
. It proceeds
as follows. The auctioneer opens
- countries, as of 2019. The company manages
the eBay website, an online auction
and shopping website
in which people
buy and sell a wide...
- real-money auction house
from the Korean release
of the game as the auction house violated Korean
anti-gambling laws. In the gold-based auction
- the special award
for Fair Play was won by the Chennai Super
Kings. The auctions
for team ownership
was held on January
24, 2008. Mumbai
was the most expensive...
- A reverse auction
as buyer-determined auction
or procurement auction
) is a type of auction
the traditional roles
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