auctions

[ˈɔːkʃən]

auctions Definition

a public sale in which goods or property are sold to the highest bidder.

Using auctions: Examples

Take a moment to familiarize yourself with how "auctions" can be used in various situations through the following examples!

  • Example

    The painting was sold at an auction for millions of dollars.

  • Example

    He bought the antique vase at an auction.

  • Example

    The charity auction raised a lot of money for the cause.

auctions Synonyms and Antonyms

Synonyms for auctions

Phrases with auctions

  • to offer something for sale at an auction

    Example

    They put their house up for auction after deciding to move to another state.

  • to be the highest bidder and obtain the item being sold

    Example

    She was thrilled to win the auction for the rare book she had been searching for.

  • an auction where bids are written on a sheet of paper and kept secret until the end of the auction

    Example

    The school held a silent auction to raise funds for new equipment.

Origins of auctions

from Latin 'auctiō', meaning 'an increase, auction'

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Summary: auctions in Brief

'Auctions' [ˈɔːkʃən] are public sales where goods or property are sold to the highest bidder. They can range from selling antiques to fundraising events. Phrases like 'put something up for auction' and 'win an auction' describe the process of buying and selling items through auctions. A 'silent auction' is a type of auction where bids are kept secret until the end.