How Do You Spell AUCTION?

Pronunciation: [ˈɔːkʃən] (IPA)

The word "auction" is spelled with six letters, beginning with the vowel sound /ɔː/ in "or" and followed by the consonant cluster /kʃ/ made up of the voiceless velar stop /k/ and voiceless postalveolar fricative /ʃ/. The second syllable is pronounced with the vowel sound /ə/ as in "about", and ends with the nasal consonant /n/. The phonetic transcription of "auction" is /ˈɔːkʃən/. This word refers to a public sale where goods or property are sold to the highest bidder.

Meaning and Definition
Top Common Misspellings
Other Common Misspellings
Etymology
Idioms
Similar spelling words
Plural
Conjugate verb
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AUCTION Meaning and Definition

  1. Auction refers to a process of buying and selling goods or services by offering them up for bid, and allowing potential buyers to compete through incremental offers until the highest bidder is determined. It is an age-old method of commerce that allows sellers to maximize the value of their items, while buyers have the opportunity to acquire items at a perceived market value or possibly at a price lower than what they would typically pay.

    Typically, an auction begins with the seller announcing the item or service to be auctioned. Interested buyers then submit their bids, either in person, in writing, or electronically, to compete with others. The bidding process may involve a set minimum increment to gradually raise the price until only one bidder remains. Auctions can also be held with a set end time, during which potential buyers place their bids in competition. The highest bidder at the end of the auction is declared the winner and expected to complete the transaction by purchasing the item or service at the price they committed.

    Auctions can be conducted in various settings, such as physical auction houses, online platforms, or through private arrangements. They are frequently used for the sale of unique or valuable items, including artwork, antiques, collectibles, real estate, automobiles, and more. Additionally, auctions can sometimes serve as platforms for fundraising or charitable events, where the proceeds from the auctioned items go towards a specific cause or organization. Overall, auctions offer an efficient and transparent method for facilitating the exchange of goods and services through competitive bidding.

  2. A public sale of any description of property to the highest bidder.

    Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Top Common Misspellings for AUCTION *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for AUCTION

Etymology of AUCTION

The word "auction" has its roots in the Latin word "auctio", which means "increasing" or "augmentation". From Latin, it was adopted into Middle English as "auctioun" in the 16th century, referring to a public sale of goods or property where the price is increased by bids. The term evolved over time to become "auction" as we know it today.

Idioms with the word AUCTION

  • Dutch auction A "Dutch auction" refers to a method of selling goods or assets in which the price starts high and gradually decreases until a buyer is willing to accept the current price. It can also refer to a stock offering in which the price is determined through competitive bidding and the highest bidders are allocated shares at the determined price. The idiom is commonly used to describe any situation where the price or value of something is decreasing over time.
  • auction sth off The idiom "auction something off" means to sell something at an auction, where potential buyers bid on the item, and the highest bidder receives the item in exchange for their bid amount.
  • up for auction The idiom "up for auction" refers to an item or property that is being offered for sale through a public bidding process. It indicates that the item is being made available to the highest bidder, with interested parties submitting their competitive bids to secure the purchase.
  • auction off The idiom "auction off" is defined as the act of selling an item or property to the highest bidder in a public auction. It signifies the process of putting something up for sale through bidding, usually in a competitive and public setting, to determine the highest offer and sell to that bidder.
  • put up at auction The idiom "put up at auction" refers to the action of selling something, usually an item or property, to the highest bidder through a public bidding process. It implies the act of offering something for sale to the general public, allowing interested individuals to compete and bid on the item until the highest price is reached.
  • auction something off The idiom "auction something off" refers to the act of selling something to the highest bidder in a public or competitive bidding process. It involves presenting an item or items for sale, allowing interested buyers to place bids, and eventually selling the item to the highest bidder.

Similar spelling words for AUCTION

Plural form of AUCTION is AUCTIONS

Conjugate verb Auction

CONDITIONAL PERFECT

I would have auctioned
you would have auctioned
he/she/it would have auctioned
we would have auctioned
they would have auctioned
I would have auction
you would have auction
he/she/it would have auction
we would have auction
they would have auction

CONDITIONAL PERFECT PROGRESSIVE

I would have been auctioning
you would have been auctioning
he/she/it would have been auctioning
we would have been auctioning
they would have been auctioning

CONDITIONAL PRESENT

I would auction
you would auction
he/she/it would auction
we would auction
they would auction

CONDITIONAL PRESENT PROGRESSIVE

I would be auctioning
you would be auctioning
he/she/it would be auctioning
we would be auctioning
they would be auctioning

FUTURE

I will auction
you will auction
he/she/it will auction
we will auction
they will auction

FUTURE CONTINUOUS

I will be auctioning
you will be auctioning
he/she/it will be auctioning
we will be auctioning
they will be auctioning

FUTURE PERFECT

I will have auctioned
you will have auctioned
he/she/it will have auctioned
we will have auctioned
they will have auctioned

FUTURE PERFECT CONTINUOUS

I will have been auctioning
you will have been auctioning
he/she/it will have been auctioning
we will have been auctioning
they will have been auctioning

IMPERATIVE

you auction
we let´s auction

NONFINITE VERB FORMS

to auction

PAST CONTINUOUS

I was auctioning
you were auctioning
he/she/it was auctioning
we were auctioning
they were auctioning

PAST PARTICIPLE

auctioned

PAST PERFECT

I had auctioned
you had auctioned
he/she/it had auctioned
we had auctioned
they had auctioned

PAST PERFECT CONTINUOUS

I had been auctioning
you had been auctioning
he/she/it had been auctioning
we had been auctioning
they had been auctioning

PRESENT

I auction
you auction
he/she/it auctions
we auction
they auction

PRESENT CONTINUOUS

I am auctioning
you are auctioning
he/she/it is auctioning
we are auctioning
they are auctioning

PRESENT PARTICIPLE

auctioning

PRESENT PERFECT

I have auctioned
you have auctioned
he/she/it has auctioned
we have auctioned
they have auctioned

PRESENT PERFECT CONTINUOUS

I have been auctioning
you have been auctioning
he/she/it has been auctioning
we have been auctioning
they have been auctioning

PRESENT SUBJUNCTIVE

he/she/it auction

SIMPLE PAST

I auctioned
you auctioned
he/she/it auctioned
we auctioned
they auctioned

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