Definition of Aucteon
Auc"tion (&?;), n. [L. auctio an
increasing, a public sale, where the price was called out, and the article
to be sold was adjudged to the last increaser of the price, or the highest
bidder, fr. L. augere, auctum, to increase. See
Augment.] 1. A public sale of property to the
highest bidder, esp. by a person licensed and authorized for the purpose; a
vendue.
2. The things sold by auction or put up to
auction.
Ask you why Phryne the whole auction buys ?
Pope.
&fist; In the United States, the more prevalent expression has been
"sales at auction," that is, by an increase of bids (Lat.
auctione). This latter form is preferable.
Dutch auction, the public offer of property at a
price beyond its value, then gradually lowering the price, till some one
accepts it as purchaser. P. Cyc.
Auc"tion, v. t. To sell by
auction.
- Webster's Unabridged Dictionary (1913)
- A public event where goods or property are sold to the highest bidder.
- Sell at an auction
- The Nuttall Encyclopedia
You arrived at this page by searching for Aucteon
The correct Spelling of this word is: Auction
|
Do you have a fact, idea, experience, comment, or anything whatsoever to share regarding Auction?
If so, please enter it below and we will add it to our database.
|
Thank you for using the FreeFactFinder Encyclopedia. Please visit our homepage to view articles on a plethora of fascinating topics, which are updated on a regular basis.
|
|
