charity auction

Philanthropic sale event

A charity auction is an event where items or experiences are sold to the highest bidder, with proceeds going to a nonprofit cause.

Silent auctions use written bids; live auctions feature an auctioneer.

Donated goods—artwork, vacation packages, signed memorabilia—typically fetch prices above market value because bidders are also contributing to the charity: The gala's charity auction raised over fifty thousand dollars.

Related

lot · silent · beneficiary · generous · philanthropy · going once · sold sign · prize · gala · black tie event · black-tie · catalog · winning · raise · contribution · nonprofit · good cause · benefactor

Categories
Opposites
purpose/beneficiary

charity auctionprivate sale

Transaction without public offering

profiteering · scalping · price gouging · estate sale · consignment sale

sales format

charity auctionretail store

Commercial sales establishment

wholesale · e-commerce · vending machine

sales mechanism

charity auctionsticker price

Manufacturer's suggested retail amount

vending machine · subscription service

Family

charity, auction, charitable, charitably, uncharitable, charities, auctions, auctioned, auctioning

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Positive · Everyday, not technical · Rated G