Auction off

usgb
verb

To sell something to the highest bidder.

The government plans to auction off its share in the company next month.
Visual representation of "auction off" - To sell something to the highest bidder

Often appears as...

  • auction off assets
  • auction off property
Definition 1 of 1
Visual representation of "auction off"
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Competitive Context

Used when items are sold in a competitive environment with potential buyers outbidding each other.

Illustration for Competitive Context
Artist's original paintings are often auctioned off to collectors.
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Final Decision

Implies the seller's decision to sell is conclusive, often after consideration or due to necessity.

Illustration for Final Decision
The bankrupt company had to auction off its assets to pay creditors.
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Public Event

Suggests the sale is a public event rather than a private deal, often with an auctioneer.

Illustration for Public Event
They're going to auction off antique furniture in the town hall next week.
Visual representation of the word "Auction off"

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