noun🔗ShareA public event where goods or property are sold to the highest bidder."The antique chair was sold at auction for a surprisingly high price. "businesscommercefinancepropertyeventChat with AIVocabulary GamePractice Reading
noun🔗ShareThe 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. "businesscommercefinanceeconomygameChat with AIVocabulary GamePractice Reading
verb🔗ShareTo sell at an auction."The antique shop owner will auction the grandfather clock tomorrow. "businesseconomyfinancecommerceChat with AIVocabulary GamePractice Reading
