1. a public sale where items are sold to the highest bidder

1. to sell something at an auction

Examples

• The antique furniture will be sold at auction next week.
• She bought the painting at a charity auction for $500.
• The house went to auction after the owner defaulted on the mortgage.
• Bidders raised their hands during the art auction.
• They decided to auction their grandmother’s jewelry collection.
• The estate will auction off all remaining items on Saturday.
• Online auctions have become very popular for buying collectibles.