auction
A public event where goods or property are sold to the highest bidder.
Other meanings
The first stage of a deal, in which players bid to determine the final contract.
Related words
- auctioner
- auctiongoer
- cyberauction
- midauction
- nonauction
- postauction
- auctionable
- auctioneer
- auctioneeress
- auction house
- auctionlike
- auction bridge
Word history
From Latin "auctiō" (an increase, auction).
Where this comes from
This definition is adapted from “auction” on Wiktionary, by its contributors, published under CC BY-SA 4.0. This page is published under the same licence.