auction

1 of 2

noun

auc·​tion ˈȯk-shən How to pronounce auction (audio)
1
: a sale of property to the highest bidder
2
: the act or process of bidding in some card games

auction

2 of 2

verb

auctioned; auctioning ˈȯk-sh(ə-)niŋ How to pronounce auction (audio)

transitive verb

: to sell at auction
auctioned off his library

Examples of auction in a Sentence

Noun She bought the desk at an auction. He made several bids at the auction. Verb They auctioned a similar desk last year. The house was auctioned last week.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Noun
The auctions happen daily on WeChat, a Chinese social media and mobile payments app. Michael Loria, USA TODAY, 16 Jan. 2025 Before the auction, the lots will be shown in a free public exhibition from February 1 to February 8 in the town’s Bujairi Terrace, a spot known for its high-end restaurants. George Nelson, ARTnews.com, 15 Jan. 2025
Verb
Swimmer Ryan Lochte auctioned off his six Olympic silver and bronze medals the same year, with the $166,779 raised going to an organization benefitting children. Michael Casey, Chicago Tribune, 17 Jan. 2025 The sale, which was required by Congress, marks the second time in four years that an effort to auction oil and gas leases in the pristine wilderness — home to migrating caribou, polar bears, musk oxen, millions of birds and other wildlife — has been a flop. Lisa Friedman, New York Times, 8 Jan. 2025 See all Example Sentences for auction 

Word History

Etymology

Noun

Latin auction-, auctio, from augēre to increase — more at eke

First Known Use

Noun

1595, in the meaning defined at sense 1

Verb

1723, in the meaning defined above

Time Traveler
The first known use of auction was in 1595

Dictionary Entries Near auction

Cite this Entry

“Auction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/auction. Accessed 22 Jan. 2025.

Kids Definition

auction

1 of 2 noun
auc·​tion ˈȯk-shən How to pronounce auction (audio)
: a sale at which things are sold to those who offer to pay the most

auction

2 of 2 verb
auctioned; auctioning -sh(ə-)niŋ How to pronounce auction (audio)
: to sell at auction
Etymology

Noun

from Latin auction-, auctio, from augēre "to increase" — related to augment

Legal Definition

auction

noun
auc·​tion
: a public sale of property to the highest bidder see also reserve
Last Updated: - Updated example sentences
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