1. A public sale in which property or items of merchandise are sold to the highest bidder.
2. Games See auction bridge.
tr.v. auc·tioned, auc·tion·ing, auc·tions
To sell at or by an auction: auctioned off the remaining inventory.
[Latin auctiō, auctiōn-, from auctus, past participle of augēre, to increase; see aug- in the Appendix of Indo-European roots.]
The American Heritage® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
The American Heritage Dictionary Blog
Check out our blog, updated regularly, for new words and revised definitions, interesting images from the 5th edition, discussions of usage, and more.