auction

CEFRB2

/ˈɔːkʃən/

noun · verb

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    A sale where people offer increasing amounts and the highest bidder wins.

  2. 02

    verb

    To sell something to the person offering the highest price.

Examples

  • Farmers defaulting on loans had to auction off their land.

  • We will be willing to make a deal with you after the auction.

At a glance

Sits at B2 on the CEFR scale

Senses
5
Parts of speech
2
Citations
1
Synonyms
1

Deep Dive

noun

Extra meanings

  1. The first stage of a deal, in which players bid to determine the final contract.

  2. To sell at an auction.

  3. A public event where goods or property are sold to the highest bidder.

More examples

In context

  • I obtained the painting at an auction.

Synonyms

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The rare painting will be sold at an blank next week to the highest bidder.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

From Latin auctiō (“an increase, auction”), from augere (“to increase”).