What does auction mean?
Auction means A public event where goods or property are sold to the highest bidder..
/ˈɔːkʃən/ · noun
A public event where goods or property are sold to the highest bidder..
Auctions come in a wide variety. In a “Dutch auction”, often used to sell flowers and fruit, prices start high and gradually drop until a bidder is willing to pay up. A “Japanese auction” is a bit like poker: bids rise with each round and anyone who wants to win must bid every time. Vendors using auctions rid themselves of the headache of choosing prices and instead just pick the rules bidders must follow.
Choose a synonym only when it preserves the intended meaning, tone, and grammar of the full sentence.
Auction means A public event where goods or property are sold to the highest bidder..
Common synonyms include roup sale, vendue, auctioneer, auction bridge.
The opposite depends on the specific sense.
Auctions come in a wide variety. In a “Dutch auction”, often used to sell flowers and fruit, prices start high and gradually drop until a bidder is willing to pay up. A “Japanese auction” is a bit like poker: bids rise with each round and anyone who wants to win must bid every time. Vendors using auctions rid themselves of the headache of choosing prices and instead just pick the rules bidders must follow.
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