auction


Concise Oxford English Dictionary © 2008 Oxford University Press:
auction /ˈɔːkʃ(ə)n/
noun
  • 1 a public sale in which goods or property are sold to the highest bidder.
  • 2 Bridge the part of the game in which players bid to decide the contract in which the hand shall be played.
verb sell or offer for sale at an auction.
– origin C16: from L. auctio(n-) ‘increase, auction’.
'auction' also found in these Oxford entries:

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