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auc·tion

auction

 
pronunciation:
awk shn
parts of speech:
noun, verb
part of speech: noun
definition: a public sale at which things are sold to the people who offer the most money.
 
part of speech: verb
inflections: auctions, auctioning, auctioned
definition: to sell at an auction (often followed by "off").
Before we moved, we auctioned off a lot of our furniture.