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auc·tion  (ôkshn)
1. A public sale in which property or items of merchandise are sold to the highest bidder.
2. Games
a. The bidding in bridge.
b. Auction bridge.
tr.v. auc·tioned, auc·tion·ing, auc·tions
To sell at or by an auction: auctioned off the remaining inventory.

[Latin aucti, auctin-, from auctus, past participle of augre, to increase; see aug- in Indo-European roots.]

auction  /kn/  n. a public sale of property in which items are sold to the person who bids the highest: When the old woman died, her son held an auction of her furniture.
v. [T] to sell property by auction: Her family auctioned off her jewels. auction

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