auction sale
Học thuậtThân thiện
Definition
Noun: - A public sale in which goods or property are sold to the highest bidder: An "auction sale" is a method of selling items where potential buyers openly compete by offering increasing amounts of money. The item is sold to the person who makes the highest bid.
Usage
- The term "auction sale" is used to describe the event or process itself. It is a formal and specific term for this type of public sale.
- It functions as a countable noun (e.g., , ).
Examples
- Noun:
- The rare painting was sold at a public auction sale for a record price.
- The bank is holding an auction sale of repossessed vehicles next week.
- All the furniture will be disposed of by auction sale.
Advanced Usage
- "to sell something by auction sale": This phrase emphasizes the method of selling.
- The estate will be sold by auction sale to settle the debts.
- "to go to auction sale": This phrase describes an item being offered in this manner.
- The historic mansion will go to auction sale next month.
Variants and Related Words
- Auction (noun/verb): The more common and general term for the same concept. "Auction sale" is often synonymous with "auction," though "auction sale" can sound slightly more formal or emphasize the transactional nature.
- They decided to auction the collection. = They decided to put the collection up for auction sale.
- Auctioneer (noun): The person who conducts an auction sale.
- Bid (noun/verb): An offer of a price made at an auction sale.
Synonyms
- Public auction: A sale open to the public where bidding occurs.
- Sale by auction: Another way to describe the selling method.
Related Phrases
- Silent auction: A type of auction sale where bids are written on a sheet of paper rather than called out.
- Online auction sale: An auction sale conducted over the internet.
- Forced auction sale: A sale, often due to legal or financial pressure, such as a foreclosure auction.
Noun
- the public sale of something to the highest bidder