Verb

versteigern

to auction, to sell at auction

Das Haus wird nächste Woche versteigert.

The house will be auctioned next week.

Er musste sein wertvolles Gemälde versteigern.

He had to auction his valuable painting.

((sth.)) ((for sth.)) to auction (sth.) (for sth.) The artist is auctioning his painting for 10,000 euros.

Synonyms: auktionieren; Antonyms: kaufen (to buy)

From `ver-` (prefix indicating change or completion) + `steigern` (to increase). Literally, to 'increase away' the price until sold.

Think of the prices 'steigernd' (increasing) at an auction until the item is 'ver-' (gone/sold).

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