Auction ( noun , verb )

(As a noun)

Auction ( noun )

A public sale in which goods or property are sold to the highest bidder.

Origin:

From the latin word 'auctus', meaning 'to increase' or 'to sell by bidding'.

Examples:

1. The estate was sold at auction to the highest bidder.
2. The painting was put up for auction and sold for millions of dollars.
3. I bought a car at an auction last weekend.
4. The old coin collection was going to be auctioned off at the end of the month.
5. The company was put up for auction and sold to a competitor.

(As a verb)

Auction ( verb )

A public sale in which goods or property are sold to the highest bidder.

Origin:

From the latin word 'auctus', meaning 'to increase' or 'to sell by bidding'.

Examples:

1. The estate was sold at auction to the highest bidder.
2. The painting was put up for auction and sold for millions of dollars.
3. I bought a car at an auction last weekend.
4. The old coin collection was going to be auctioned off at the end of the month.
5. The company was put up for auction and sold to a competitor.