noun🔗ShareA public event where goods or property are sold to the highest bidder."The school held auctions to raise money for new playground equipment. "businesscommerceeconomyeventfinancepropertyChat with AIVocabulary GamePractice Reading
noun🔗ShareThe 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. "gamebusinessChat with AIVocabulary GamePractice Reading
verb🔗ShareTo sell at an auction."The charity auctions donated artwork every year to raise money. "businesseconomyfinancecommerceChat with AIVocabulary GamePractice Reading