auction

1 of 2

noun

auc·​tion ˈȯk-shən How to pronounce auction (audio)
1
: a sale of property to the highest bidder
2
: the act or process of bidding in some card games

auction

2 of 2

verb

auctioned; auctioning ˈȯk-sh(ə-)niŋ How to pronounce auction (audio)

transitive verb

: to sell at auction
auctioned off his library

Examples of auction in a Sentence

Noun She bought the desk at an auction. He made several bids at the auction. Verb They auctioned a similar desk last year. The house was auctioned last week.
Recent Examples on the Web
Noun
The minimum bid for the auction begins at $1.2 million. Preezy Brown, VIBE.com, 14 Aug. 2024 Porsche built just 51 examples of the Carrera RSR 3.8, of which only two in Guards Red, including the chassis up for auction, no. 496090. Bryan Hood, Robb Report, 14 Aug. 2024
Verb
More than 100 Red Lobster locations now closed On May 22, the company's website listed 99 locations closed across 28 states, with some of them having their kitchen equipment auctioned off on an online restaurant liquidator. Gabe Hauari, USA TODAY, 25 July 2024 Pearlman and his companies were forced into involuntary bankruptcy, with his assets and belongings auctioned off to the highest bidders. Jenzia Burgos, StyleCaster, 24 July 2024 See all Example Sentences for auction 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'auction.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Noun

Latin auction-, auctio, from augēre to increase — more at eke

First Known Use

Noun

1595, in the meaning defined at sense 1

Verb

1723, in the meaning defined above

Time Traveler
The first known use of auction was in 1595

Dictionary Entries Near auction

Cite this Entry

“Auction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/auction. Accessed 18 Aug. 2024.

Kids Definition

auction

1 of 2 noun
auc·​tion ˈȯk-shən How to pronounce auction (audio)
: a sale at which things are sold to those who offer to pay the most

auction

2 of 2 verb
auctioned; auctioning -sh(ə-)niŋ How to pronounce auction (audio)
: to sell at auction
Etymology

Noun

from Latin auction-, auctio, from augēre "to increase" — related to augment

Legal Definition

auction

noun
auc·​tion
: a public sale of property to the highest bidder see also reserve
Last Updated: - Updated example sentences
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