auction rooms

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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’.