noun🔗ShareAuktionen, VersteigerungenA public event where goods or property are sold to the highest bidder."The school held auctions to raise money for new playground equipment. "Die Schule veranstaltete Auktionen, um Geld für neue Spielplatzgeräte zu sammeln.businesscommerceeconomyeventfinancepropertyChat with AIVocabulary GamePractice Reading
noun🔗ShareAuktionen, VersteigerungenThe first stage of a deal, in which players bid to determine the final contract."In the card game bridge, the auctions determine which pair will try to win the most tricks and what suit will be trump. "Im Kartenspiel Bridge bestimmen die Auktionen, welches Paar versuchen wird, die meisten Stiche zu gewinnen, und welche Farbe Trumpf sein wird.gamebusinessChat with AIVocabulary GamePractice Reading
verb🔗ShareVersteigernTo sell at an auction."The charity auctions donated artwork every year to raise money. "Die Wohltätigkeitsorganisation versteigert jedes Jahr gespendete Kunstwerke, um Geld zu sammeln.businesseconomyfinancecommerceChat with AIVocabulary GamePractice Reading