auction Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “auction” in the English Dictionary

"auction" in British English

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auctionnoun [C or U]

uk   /ˈɔːk.ʃən/  us   /ˈɑːk-/
C1 a usually ​publicsale of ​goods or ​property, where ​people make ​higher and ​higher bids (= ​offers of ​money) for each thing, until the thing is ​sold to the ​person who will ​pay most: a ​furniture auction They're holding an auction ofjewellery on ​Thursday. The ​painting will be ​sold at auction next ​week. The ​house and ​itscontents are being put up for auction.

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auctionverb [T]

uk   /ˈɔːk.ʃən/  us   /ˈɑːk-/
(Definition of auction from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"auction" in American English

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auctionnoun [C/U]

 us   /ˈɔk·ʃən/
a usually ​publicsale of ​goods or ​property, where ​people make ​higher and ​higherbids (= ​offers of ​money) for each ​item, until there are no ​higherbids and it is ​sold for the most ​moneyoffered: [C] an auction of early American ​furniture [U] bullssold at auction
auction
verb [T]  us   /ˈɔk·ʃən/
The ​artwork is being auctioned to ​benefit UNICEF.
(Definition of auction from the Cambridge Academic Content Dictionary © Cambridge University Press)

"auction" in Business English

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auctionnoun [C or U]

uk   us   /ˈɔːkʃən/ COMMERCE, E-COMMERCE
a ​publicsale in which ​goods or ​property are ​sold to the ​person who ​offers the most ​money: sell sth at auction The painting was ​sold at auction for €12 million.hold an auction We ​held a ​charity auction in ​aid of the ​local hospital.be up/come up/go up/be put up for auction One of the ​prints recently came up for auction in the United ​States.an internet/online/public auction You can ​bid for it in an ​online auction.

auctionverb [T]

uk   us   /ˈɔːkʃən/ (also auction off) COMMERCE, E-COMMERCE
to ​sell something in a ​public auction: The ​stamps will be auctioned tomorrow. The family is auctioning off its art ​collection.
(Definition of auction from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “auction”
in Korean 경매…
in Arabic مَزاد عَلَني…
in Malaysian jualan lelong…
in French (vente aux) enchères…
in Russian аукцион…
in Chinese (Traditional) 拍賣…
in Italian asta…
in Turkish açıkartırma, mezat…
in Polish licytacja, aukcja…
in Spanish subasta…
in Vietnamese cuộc bán đấu giá…
in Portuguese leilão…
in Thai การขายโดยการประมูล…
in German die Auktion…
in Catalan subhasta…
in Japanese 競売, オークション…
in Chinese (Simplified) 拍卖…
in Indonesian lelang…
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“auction” in British English

“auction” in American English

“auction” in Business English

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