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auction
(redirected from auctioned)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
*up for auction
Fig. to be sold at an auction. (*Typically: be ~; come ~; go ~; put something ~.) The old farm where I lived as a child is up for auction.
See also: up

auction something off

to sell something [to the highest bidder] at an auction. He auctioned his home off. He auctioned off his home. The duke was forced to auction off his ancestral home to pay his taxes.

Dutch auction

an auction or sale that starts off with a high asking price that is then reduced until a buyer is found. (Viewed by some as insulting to the Dutch.) Dutch auctions are rare—most auctioneers start with a lower price than they hope to obtain. My real estate agent advised me to ask a reasonable price for my house rather than get involved with a Dutch auction.
See also: Dutch


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Other internet auctions are private party only sellers where items are auctioned directly to consumers and shipped directly from the seller's location.
Even though we have several auctioneers that have auctioned for years in English and Spanish we wanted to allow our support staff to be more effective communicators with our Spanish speaking customers.
Other interested parties (that would be you) who are interested in buying the asset being auctioned are also there to place bids.
 
 
 
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