auction meaning
auction :
public sale, bidding event
noun
▪ The auction of the antique vase was successful.
▪ The public sale of the vase was successful.
▪ They attended the car auction yesterday.
▪ They went to the car sale yesterday.
paraphrasing
▪ sale – auction
▪ bidding – public sale
▪ marketplace – public sale
▪ bidding event – auction
auction :
sell at auction, bid for an item
verb
▪ They will auction the old furniture.
▪ They will sell the old furniture at a sale.
▪ She decided to auction her paintings.
▪ She decided to sell her paintings at a sale.
paraphrasing
▪ sell – auction
▪ bid – auction
▪ sell off – auction
▪ offer for sale – auction
Pronunciation
auction [ˈɔːk.ʃən]
The noun has the stress on the first syllable 'ock' and sounds like 'ock-shun'.
auction [əˈkʃən]
The verb has the stress on the second syllable 'kshun' and sounds like 'uhk-shun'.
Common phrases and grammar about auction
auction - Common meaning
noun
public sale, bidding event
verb
sell at auction, bid for an item
Part of Speech Changes for "auction"
▪ auctioneer (noun) – person who conducts auctions
▪ auctioning (verb) – selling by auction
Common Expressions with "auction"
▪ public auction – a sale open to everyone
▪ online auction – a sale conducted over the internet
▪ auction house – a company that conducts auctions
▪ reserve price – the minimum price for an auction item
Important examples of auction in TOEIC
Vocabulary examples from the TOEIC test
In TOEIC word questions, auction is often used to describe a public sale where items are sold to the highest bidder.
Example of a confusing word: action (a deed or act)
Grammar examples from the TOEIC test
In TOEIC grammar questions, auction is used as both a noun and a verb, and questions may ask to choose the correct part of speech.
auction
Idioms and fixed expressions in TOEIC
sell at auction
means to sell something through an auction process
auction off
means to sell something through an auction
Differences between similar words and auction
auction
,
sale
differences
auction is a specific type of sale where items are sold to the highest bidder, while sale is a general term for selling items.
auction
,
bid
differences
auction involves bidding to win items, while bid alone refers to the offer made.
Words with the same origin as auction
The origin of auction
auction comes from the Latin word 'auctio', which means 'a bidding'.
Word structure
It has the root 'auct' (to increase) and the suffix 'ion' (noun), so auction means 'the act of increasing bids'.
Words with the same origin
The root of auction is 'auct' (to increase). Words with the same root include 'augment' (to make larger).
