auction
IPA: ˈɑkʃʌn
noun
- A public event where goods or property are sold to the highest bidder.
- (bridge) The first stage of a deal, in which players bid to determine the final contract.
verb
- To sell at an auction.
Advertisement
Examples of "auction" in Sentences
- 'Joseph Day' was the auctioneer.
- The sheriff oversees the auction.
- EBay would be considered the auctioneer.
- Auctioneer is part of the CivicSource suite.
- It was an astute move to cancel the auction.
- It was the most expensive item in the auction.
- In the book, the team confronts the Auctioneer.
- He was the auctioneer at the charity slave auction.
- Abandoning the auction the bidders attempt to flee.
- At the auction house I attend, the auctioneer doesn't make use of the chant.
- Those will now be available for 84 days in addition to the 28-day loans under the term auction facility.
- Barclays was the biggest borrower under one scheme, the term auction facility, taking loans totalling $232bn, which it has since repaid
- Barclays was the biggest borrower under one scheme, the term auction facility, taking loans totalling $232bn, which it has since repaid.
- On Dec. 20, 2007, for example, at least seven German banks, including Dresdner Bank and WestLB, received 28-day loans under the term auction facility.
- At the prices asked, designer chick needs to hire a decent model, eliminate the term auction from the listings, & get a clue: at nearly a thousand bucks for a no exchange/no return item, she clearly is whimbsicly deluded.
- The central bank unveiled the term auction facility last week as part of a coordinated effort with other central banks to inject liquidity into global financial market suffering fallout from the subprime debacle in the U.S.
- To help relieve the pressures in the market for interbank lending, the Federal Reserve, among other actions, recently introduced the term auction facility through which pre-specified amounts of discount window credit are auctioned to eligible borrowers.
- A second pair of facilities, the term auction facility for depository institutions and tern securities lending facility for primary dealers makes available predetermined aggregate amounts of longer term funding on pre-announced dates with the interest rate and the distribution of the awards across institutions being determined by competitive auction.