auction
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auction off
To sell an item to the highest bidder. We're auctioning off a car at the charity event this year.
be put up for auction
To be made available for purchase at an auction. The banker's family estate has been put up for auction to cover a portion of his enormous debt. A lot of the famous singer's belongings are being put up for auction this Saturday, with all proceeds going to a local charity.
be up for auction
To be available for purchase at an auction. The banker's family estate is up for auction to cover a portion of his enormous debt. A lot of the famous singer's memorabilia will be up for auction this Saturday, with all proceeds going to a local charity.
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?
go up for auction
To be made available for purchase at an auction. The banker's family estate has gone up for auction to cover a portion of his enormous debt. A lot of the famous singer's belongings are going up for auction this Saturday, with all proceeds going to a local charity.
put (something) up for (something)
1. To select or offer something for sale. I can't believe he's putting up his whole record collection for sale—he must really be strapped for cash! The bank put their house up for auction when they couldn't pay their mortgage any longer.
2. To subject something to some process or activity. I think we should put this decision up for a vote. After all, it will have a major impact on every employee in the company. The issue will be put up for discussion at our next meeting, so let's hold off talking about it for now.
up for auction
Available to be sold at an auction. The banker's family estate had to be put up for auction to cover some of his mounting debt. A lot of the famous singer's memorabilia are up for auction this Saturday.
Farlex Dictionary of Idioms. © 2022 Farlex, Inc, all rights reserved.
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.
*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.
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.
auction off
v.
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.
The American Heritage® Dictionary of Phrasal Verbs. Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.