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{%type%} Definitions

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Short "hint"

A public sale at which each item is sold to the person offering to pay the highest price.

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Usage examples (26)
  • Grandma's old furniture was sold for a good price at the auction.
  • First, the Federal Reserve (FED) through the term auction facility
  • Those will now be available for 84 days in addition to the 28-day loans under the term auction facility.
  • What's not in the auction is the glove he wore that day.
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Tutoring comment
  • Most art collectors take "action" (act) when attending an "auction" (sale at which people bid against one another for an item).
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