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Auction
01
a public sale in which goods or properties are sold to the person who bids higher
02
(bridge) the process by which players bid on the right to name the trump suit and the number of tricks they expect to take in a particular hand
to auction
01
to sell goods or services by putting them up for bidding, allowing potential buyers to offer prices in a competitive process
Example
The auction featured several valuable articles from the private collection.
The renowned artist's paintings commanded high prices at auction due to their quality and uniqueness.
The designer handbag realized £5,000 at the auction.
The house will go up for auction next month.
The art collector spent millions on a rare painting at the auction.
