(n.) A public sale of property to the highest bidder, esp. by a person licensed and authorized for the purpose; a vendue.
(n.) The things sold by auction or put up to auction.
(v. t.) To sell by auction.
Example Sentences:
(1) We’re learning to store peak power in all kinds of ways: a California auction for new power supply was won by a company that uses extra solar energy to freeze ice, which then melts during the day to supply power.
(2) The small print revealed that Osborne claimed a fall in borrowing largely by factoring in the proceeds of a 4G telecomms auction that has not yet happened.
(3) The four other works were sold at auction at Christie's and disappeared into private collections.
(4) When I moved house a little while ago, a friend suggested using another service in the sharing economy – the delivery auction website, AnyVan .
(5) Volatility on European markets was "mainly driven by Portugal's disappointing bond auction", said Gavan Nolan, an analyst at Markit.
(6) Amber Rudd, the energy secretary, has promised to reform the auction scheme but one of her ministers, Andrea Leadsom, welcomed this year’s awards, arguing they reduced costs for homeowners.
(7) The biggest loser could be the state-owned oil company Rosneft, which bought Yukos assets in auctions when the latter's stock was almost worthless.
(8) But the Wu-Tang leader went on to speak about it anyhow: “[The album has] been handed over to an auction house, and they plan on doing something,” he said.
(9) The 4Growth report calls on government to reinvest the £4bn proceeds from the auction of 4G telecoms licences back into science and technology.
(10) Serum C concentrations of the calves (n = 100 x 4 years) were evaluated on their farm of origin, on arrival at an auction market, on arrival at a feedyard, and during their first 4 weeks in the feedyard.
(11) The annual capacity market auction – under which power suppliers bid for contracts to feed electricity into the grid – is due to begin on Tuesday.
(12) The original version wrongly stated that Madrid had to pay 5.7% at a debt auction to borrow €2.4bn for 12 months, rather than 5.07%.
(13) It was described as one of the artist's masterpieces by David Moore-Gwyn, deputy chairman in the UK of Sotheby's, which will auction the painting in December.
(14) However, the most spectacular fundraiser was not the auction room but a wedding, when the ninth duke married the American railroad heiress Consuelo Vanderbilt, securing a gigantic dowry, a fortune in shares and an annual allowance.
(15) A week after the Tories raised £160,000 by selling a game of tennis with David Cameron and Boris Johnson , the Labour party will on Wednesday be auctioning a five-a-side football match against the "shadow cabinet all-stars".
(16) The report said Isis had begun holding online slave auctions with an encrypted application to circulate photos of captured Yazidi women and girls.
(17) Another option could be to partner with BSkyB, which is desperate to see off direct rival BT in the next football rights auction, with whom Discovery already has a strong commercial relationship.
(18) Maria Miller wanted to launch the debate about BBC charter renewal herself, thus guaranteeing that the future of the BBC would become part of a political auction.
(19) There has been a spate of thefts of rhino horns and elephant tusks from European museums, zoos and auction houses in recent years, amid a rising illegal trade in poached or stolen ivory .
(20) As Yannis Koutsomitis notes, the Spanish in particular, probably have the ECB to thank for its successful auctions.
Bidder
Definition:
(n.) One who bids or offers a price.
Example Sentences:
(1) The agency is a lead bidder for eight regional contracts under the government's Flexible New Deal (FND) programme, starting next autumn, which will pay contractors according to successful job placements.
(2) The other two shortlisted bidders, Abellio and Keolis, backed by the Dutch and French state railways, bid far less even than Virgin.
(3) Bidders have spent an estimated £1m each on their bids but, according to one industry source, the process has stalled and franchise owners are being forced to retain expensive but idle bidding teams.
(4) And, crucially, the bidders believe BBC3 must continue to exist as a TV channel – not just a website – if that pioneering history is to continue.
(5) Powell said the atmosphere in the saleroom went from excitement, to disappointment – as various bidders dropped out – to disbelief at the rocketing price.
(6) July 2012: Deadline is extended for proposals to be submitted by bidders – four are ultimately shortlisted, although West Ham is the only real viable option.
(7) Administration of estradiol in Bidder's organectomized toad showed more or less similar result as the control animal.
(8) The outside spending has even become its own campaign issue, as Grimes sought to link McConnell with the notorious Koch brothers (a cause McConnell only helped with his June speech to a Koch brothers funded group in which he promised to not take up legislation on the minimum wage, equal pay or student loan reform) and accuse him of “selling out to the highest bidder”.
(9) The East End club remain confident that any remaining issues can be ironed out and on Wednesday took another step towards relocating to Stratford after they were named the highest-ranked bidder for the £429m venue.
(10) With multiple financial interests in HMV's future, therefore, Universal is likely to emerge as a potential bidder for at least parts of the high street business.
(11) I was still the top bidder, and I was hoping it would hold out.
(12) The vendor had invited sealed bids, to delivered on the day the result was announced, and the winning bidder had offered more than the asking price.
(13) Such is the case with the latest stage of the Ministry of Justice's consultation paper on legal aid reform: in the face of serious and widespread opposition from lawyers and the public, the proposed tendering of legal aid contracts to the lowest bidder has been scrapped, yet much of the equally unpopular plan remains.
(14) In August, after several delays, the commission named the People's Lottery as preferred bidder and excluded Camelot from the running.
(15) The Russian business daily Vedomosti in 2009 analysed scores of tenders for Olympic contracts and discovered that the majority of bids were very close to the maximum the state said it would pay, and in many cases bidders were barred from running, leaving one company to claim the contract.
(16) The report reveals that the BBC paid out an extra £31m to accept the £210m Land Securities tender over the nearest shortlisted bidder, then spent another £60.9m fitting out the building with state-of-the-art technology and furniture.
(17) That is especially so if the bidder is from the US, where the legal system makes hostile takeovers from non-American companies difficult.
(18) The virtuous part is expected to be sold to a private bidder after the general election.
(19) I'm David Dimbleby and with me is Bob McKenzie and today we're inviting you to vote on whether Manchester United should make Wayne Rooney stay or turf him out the door in the company of the highest bidder.
(20) Also under the spotlight is the vote for the 1998 World Cup in France, over alleged bribes paid by one of the losing bidders, Morocco, and the organisation of the 2014 World Cup.