I. ˈȯk-shən noun
Etymology: Latin auction-, auctio, from augēre to increase — more at eke
Date: 1595
1. : a sale of property to the highest bidder
2. : the act or process of bidding in some card games
II. transitive verb
( auc·tioned ; auc·tion·ing -sh(ə-)niŋ)
Date: circa 1798
: to sell at auction
auction ed off his library