(redirected from auctioned)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.
Related to auctioned: actioned

auction off

To sell an item to the highest bidder. We're auctioning off a car at the charity event this year.
See also: auction, off

Dutch auction

An auction in which the asking price is set high and then lowered until someone buys the item. What is this, a Dutch auction? Why is the auctioneer starting out at $1,000 for that piece of junk?
See also: auction, Dutch

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.
See also: auction, off

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: auction, Dutch

*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: auction, up

auction off

To sell something to the person who offers the highest amount of money, at or as at an auction: We don't need this table anymore, so we should auction it off. To clear out the warehouse, the company auctioned off the old inventory.
See also: auction, off
References in periodicals archive ?
If one steps away from the explicit modeling of bidder behavior, the implications for revenue can be spelled out in terms of shifts in the demand schedule for the auctioned security.
He located equipment to be auctioned, performed inspections, established pricing and scheduling, and wrote inventory presentations used at auctions.
It augments Bidder's Edge's popular search and tracking tools by offering news on the hottest trends, most intriguing auctions and latest prices of auctioned goods.
AuctionRover's proprietary technology gives buyers a simple tool to search for products and services being auctioned on the Internet.
All goods are assessed by Premier, catalogued, promoted and made available for pre-auction evaluation, then assembled and auctioned in one virtual space -- the NetworkOil marketplace.
com held its first expertised on-line wine auction in September 1996 when it auctioned 30 lots of California Cabernet.