What is the meaning of Auction?

(v.t.) To sell by auction.
(n.) A public sale of property to the highest bidder, especially by a person licensed and authorized for the purpose; a vendue.
(n.) The things sold by auction or put up to auction.

Webster's Revised Unabridged Dictionary

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APA	Webster's. (2011). auction. Retrieved September 21, 2026, from http://smartdefine.org/auction/definitions/1977046
Chicago	Webster's. 2011. "auction" http://smartdefine.org/auction/definitions/1977046 (accessed September 21, 2026).
Harvard	Webster's 2011, auction, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/auction/definitions/1977046>.
MLA	Webster's. "auction" 27 May 2011. Web. 21 September 2026. <http://smartdefine.org/auction/definitions/1977046>

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WordNet Webster's Barry Goldsmith