auction
Gavel-pounding sale event
An auction is a public sale where items go to the highest bidder.
Bidders compete by offering progressively higher amounts until no one will bid more: The painting sold at auction for three million dollars.
To auction something is to sell it this way: They auctioned off the estate's contents.
Auction extends to any competitive bidding process: The government auctioned wireless spectrum licenses.
Large amount or portion
- catalogueSystematic list of items
- previewAdvance showing sample
- consignmentBatch delivered for selling
- registrationFormal recording of participation
rostrum · hammer · gavel · podium · liquidation · saleroom · sold · commission
Offer to purchase
- offerProposal to provide
- paddleFlat-bladed water tool
- incrementUnit of increase
- outbidOffer more than another
raise · reserve · counteroffer · ceiling · shill · snipe · lowball · advance
One who acquires things
- sellerOne who trades goods
- consignorOne entrusting goods for transport
- dealerOne who sells goods
- collectorOne who gathers items
trade · transaction · purchase · sale · market · wholesale · resale · flip
Old valued collectible
- vintageQuality from past eras
- heirloomInherited family treasure
- artifactHuman-made historical object
- relicPreserved ancient object
curio · memorabilia · ephemera · porcelain · furniture · timepiece · painting · jewelry
Estimation of worth
- estimateInformed guess at quantity
- valuationAssessment of monetary worth
- assessedDetermined value or quality
- premiumAdded cost for better
appreciation · rarity · desirability · condition · authenticity · certificate · expert · connoisseur
Surge of intense excitement
- anticipationState of awaiting something
- adrenalineEmergency response hormone
- frenzyViolent mental agitation
- competitionStruggle for supremacy
tension · drama · suspense · rush · fever · buzz · spectacle · heated
lot
Large amount or portion
- catalogueSystematic list of items
- previewAdvance showing sample
- consignmentBatch delivered for selling
registration · rostrum · hammer · gavel · podium · liquidation · saleroom · sold · commission · house
bid
Offer to purchase
outbid · raise · reserve · counteroffer · ceiling · shill · snipe · lowball · advance · tender
buyer
One who acquires things
collector · trade · transaction · purchase · sale · market · wholesale · resale · flip · investment
antique
Old valued collectible
relic · curio · memorabilia · ephemera · porcelain · furniture · timepiece · painting · jewelry · numismatic
appraisal
Estimation of worth
- estimateInformed guess at quantity
- valuationAssessment of monetary worth
- assessedDetermined value or quality
premium · appreciation · rarity · desirability · condition · authenticity · certificate · expert · connoisseur · comparable
thrill
Surge of intense excitement
- anticipationState of awaiting something
- adrenalineEmergency response hormone
- frenzyViolent mental agitation
competition · tension · drama · suspense · rush · fever · buzz · spectacle · heated · intensity
- eventsevent, events, party, parties, wedding
- art worldartist, painter, painting, paintings, sculpture
- auctionsbidding, bid, bidder, hammer price, gavel
- business termsfranchising, revenue stream, board meeting, gross margin, markdown
- publishingpublishers, editors, editor, publishing house, books
- car salescar dealership, car dealerships, dealerships, dealer, auto dealership
auctionset price
Predetermined cost, non-negotiable
retail · sticker price · list price · posted price · fixed price
auctionreverse auction
Suppliers bid down to win
Dutch auction · tender · request for proposal · RFP · solicitation
- online auctionInternet-based competitive sale
- auction houseFirm conducting competitive sales
- auction salesCompetitive public selling
- auction offSell to highest bidder
- silent auctionFundraiser with submitted bids
- live auctionIn-person competitive sale
auctions, auctioneer, auctioning, auctioned, auctioneers, auctioneering, auctioneered, auction houses, auction house