Auction

usgb/ˈɔːkʃn/
noun

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

The painting was sold at an auction for two million dollars.
Visual representation of "auction" - A public event where goods or property are sold to the highest bidder.

Often appears as...

  • online auction
  • auction house
Definition 1 of 2
Visual representation of "auction"
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Public Behavior

Some auctions are formal events. Understand the etiquette if attending in person.

Illustration for Public Behavior
He raised his paddle quietly to bid at the auction.
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Variety of Goods

Auctions can involve a diverse range of items, not just art or antiques.

Illustration for Variety of Goods
From cars to collectibles, everything's available at the auction.
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Auctioneer's Patter

Auctioneers often speak very fast. Practice listening to understand them.

Illustration for Auctioneer's Patter
The auctioneer's quick chatter added excitement to the bidding.
Visual representation of the word "Auction"

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