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Noun: auction  ok-shun
  1. The public sale of something to the highest bidder
    "The rare painting fetched a high price at the auction sale";
    - auction sale, vendue [US]
     
  2. A variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge
    "Auction bridge was a stepping stone between bridge whist and contract bridge";
    - auction bridge
Verb: auction  ok-shun
  1. Sell at an auction
    "They auctioned off the estate's antiques";
    - auction off, auctioneer

Derived forms: auctions, auctioned, auctioning

Type of: bridge, flog [Brit, informal], sale, sell

Encyclopedia: Auction