auction

Significat

Noun

1. A public event where goods or property are sold to the highest bidder.
2. The first stage of a deal, in which players bid to determine the final contract.

Verb

To sell at an auction.

Pronunciat com a (IPA)

/ˈɔːkʃən/

Etimologia

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

Sents

This was a record price for a Kooning piece sold at auction .