AUCTION


Meaning of AUCTION in English

— auctionable , adj. — auctionary , adj.

/awk"sheuhn/ , n.

1. Also called public sale . a publicly held sale at which property or goods are sold to the highest bidder.

2. Cards.

a. See auction bridge .

b. (in bridge or certain other games) the competitive bidding to fix a contract that a player or players undertake to fulfill.

v.t.

3. to sell by auction (often fol. by off ): He auctioned off his furniture.

[ 1585-95; auction- (s. of auctio ) an increase, esp. in the bidding at a sale, equiv. to auct ( us ) increased, ptp. of augere ( aug- increase + -tus ptp. suffix) + -ion- -ION ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .