noun

auction

auction

The painting was sold at auction.

The painting was sold at auction.

They are holding an auction to raise money.

They are holding an auction to raise money.

((an auction)) a public sale They are holding an auction to raise money.

((at auction)) sold in a public sale The painting was sold at auction.

Synonyms: sale, bidding

From Latin 'auctio' (an increase), from 'augere' (to increase), because the price increases during the sale.

Think of the price 'augmenting' or increasing at an auction.

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