auction B2 Topic:People & Society US /ˈɔkʃən/ UK /ˈɔːkʃən/ See IPA manual Freq #5332 Meanings 1 noun A public sale where goods are sold to the person who offers the most money. The painting sold for a record price at the auction. 2 verb To sell something at an auction to the highest bidder. After falling on hard times, the collector auctioned his finest paintings. Thesaurus Synonyms 1 noun · a public sale where goods... auction sale 2 verb · to sell something at an... auction off Word family Forms auctionedauctioningauctions Derived forms auction-goerauctionableauctioneerauctioneeressauctionerauctiongoerauctionlikecyberauctione-auctionmidauctionnonauctionpostauction Related forms augment Common collocations dutch auction Adjective + noun auction off Verb + adverb Etymology AI details From Latin auctiō (“an increase, auction”), from augere (“to increase”). *h₂ewg- Proto-Indo-European auctiō Latin View etymology graph -> Topics People & Society Money & Finance External links Cambridge Dictionary Wiktionary Google Images # auction **Type:** Word **Level:** B2 **Part of speech:** noun, verb **IPA (US):** /ˈɔkʃən/ **IPA (UK):** /ˈɔːkʃən/ **Frequency rank:** 5332 ## Meanings 1. A public sale where goods are sold to the person who offers the most money. 2. To sell something at an auction to the highest bidder. ## Examples - The painting sold for a record price at the auction. - After falling on hard times, the collector auctioned his finest paintings. ## Derived Forms - auction-goer - auctionable - auctioneer - auctioneeress - auctioner - auctiongoer - auctionlike - cyberauction - e-auction - midauction - nonauction - postauction ## Related Forms - augment ## Roots and Affixes - Root: *h₂ewg- - Root: auctiō ## Etymology From Latin auctiō (“an increase, auction”), from augere (“to increase”). ## AI Etymology Auction is from Latin auctiō (“an increase, auction”), from augere (“to increase”). Important recorded forms include *h₂ewg- (Proto-Indo-European) and auctiō (Latin). Current senses include a public sale where goods are sold to the person who offers the most money and to sell something at an auction to the highest bidder. The wider family includes derived forms such as auction-goer, auctionable, auctioneer, auctioneeress, and auctioner and related words such as augment. ## Topics - People & Society - Money & Finance markdown