noun🔗ShareAuktion, VersteigerungA public event where goods or property are sold to the highest bidder."The antique chair was sold at auction for a surprisingly high price. "Der antike Stuhl wurde auf einer Auktion zu einem überraschend hohen Preis verkauft.businesscommercefinancepropertyeventChat with AIVocabulary GamePractice Reading
noun🔗ShareAuktion, VersteigerungThe first stage of a deal, in which players bid to determine the final contract."The auction for the coveted library books began, with students bidding to determine which books their class would get. "Die Auktion für die begehrten Bibliotheksbücher begann, wobei die Schüler boten, um zu bestimmen, welche Bücher ihre Klasse bekommen würde.businesscommercefinanceeconomygameChat with AIVocabulary GamePractice Reading
verb🔗ShareVersteigernTo sell at an auction."The antique shop owner will auction the grandfather clock tomorrow. "Der Antiquitätenhändler wird morgen die Standuhr versteigern.businesseconomyfinancecommerceChat with AIVocabulary GamePractice Reading
