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

Auction
Auction 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.

Meaning of Auction from wikipedia

- An auction is usually a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest...
- An online auction (or also electronic auction or e-auction or eAuction) is an auction which is held over the internet. Like auctions in general, online...
- Yahoo! Auctions is a service set up by the online search giant Yahoo! in 1998 to compete against eBay. There are currently only three localizations of...
- Auction sniping is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as...
- costliest Indian player at the 2020 auction, was also released. REP REP: Players who were unsold originally in the 2020 auction but were later signed up as a...
- An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening...
- A Dutch auction is one of several similar types of auctions for buying or selling goods. Most commonly, it means an auction in which the auctioneer begins...
- countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide...
- A Vickrey auction is a type of sealed-bid auction. Bidders submit written bids without knowing the bid of the other people in the auction. The highest...
- A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic...
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