What's the difference between auction and lot?

Auction


Definition:

  • (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.

Lot


Definition:

  • (n.) That which happens without human design or forethought; chance; accident; hazard; fortune; fate.
  • (n.) Anything (as a die, pebble, ball, or slip of paper) used in determining a question by chance, or without man's choice or will; as, to cast or draw lots.
  • (n.) The part, or fate, which falls to one, as it were, by chance, or without his planning.
  • (n.) A separate portion; a number of things taken collectively; as, a lot of stationery; -- colloquially, sometimes of people; as, a sorry lot; a bad lot.
  • (n.) A distinct portion or plot of land, usually smaller than a field; as, a building lot in a city.
  • (n.) A large quantity or number; a great deal; as, to spend a lot of money; lots of people think so.
  • (n.) A prize in a lottery.
  • (v. t.) To allot; to sort; to portion.

Example Sentences:

  • (1) You lot have got real issues to talk about and deal with.
  • (2) Yorkshire is going to get a lot of tourists after this."
  • (3) It can also solve a lot of problems – period.” However, Trump did not support making the officer-worn video cameras mandatory across the country, as the Democratic frontrunner Hillary Clinton has done , noting “different police departments feel different ways”.
  • (4) Jeremy Corbyn could learn a lot from Ken Livingstone | Hugh Muir Read more High-minded commentators will say that self-respect – as well as Burke’s dictum that MPs are more than delegates – should be enough to make members under pressure assert their independence.
  • (5) There is no deal done regarding Paul Pogba, lots of bla bla bla,” the Dutchman wrote on Twitter .
  • (6) Between-lot variation exceeded that of within-lot variation in 10 of the 14 liquid antacids for which this variation could be tested.
  • (7) A series of hierarchical multiple regressions revealed the effects of Surgency, Agreeableness, Conscientiousness, Emotional Stability, and Intellect on evoking upset in spouses through condescension (e.g., treating spouse as stupid or inferior), possessiveness (demanding too much time and attention), abuse (slapping spouse), unfaithfulness (having sex with others), inconsiderateness (leaving toilet seat up), moodiness (crying a lot), alcohol abuse (drinking too much alcohol), emotional constriction (hiding emotions to act tough), and self-centeredness (acting selfishly).
  • (8) In a clear water reservoir built in ready construction after a working-period of five months quite a lot of slime could be found on the expansion joint filled with tightening compound on the base of Thiokol.
  • (9) It is concluded that catechol potentiates excitatory transmission at the LOT-superficial pyramidal cell synapse, possibly by increasing evoked transmitter release.
  • (10) Later Downing Street elaborated on its position, pointing out that Brooks was a constituent of Cameron's and, in any case, "the prime minister regularly meets newspaper executives from lots of different companies".
  • (11) It took years of prep work to make this sort of Übermensch thing socially acceptable, let alone hot – lots of “legalize it!” and “you are economic supermen!” appeals to the balled-and-entitled toddler-fists of the sociopathic libertechian madding crowd to really get mechanized mass-death neo-fascism taken mainstream .
  • (12) So far, the UK election has thrown up a carnival of peculiar results | Lewis Baston Read more Scotland, of course, is a different story: but David Cameron’s antagonistic response to the 2014 referendum clearly swung a lot of anti-Tory voters towards the SNP.
  • (13) "I'm not a career banker ... and given I was reputationally undamaged, I got a lot of calls [at that time]."
  • (14) "Getting a 95% loan to value mortgage lets you speculate on the expected house price increases a lot more than a 75% mortgage," he said.
  • (15) Chikavu Nyirenda, a leading political analyst, said: "She neglected to look at the local scene but spent a lot of time to please the west and promote herself."
  • (16) But it should also be noted that this Spurs team might be the best Spurs team ever, and they've had lots of good teams (including four previous championship teams).
  • (17) Between having Lily and promoting Fish Tank, Jarvis has done a lot of growing up in the past year.
  • (18) Learn from the masters The best way to recognise a good shot is to look at lots of other photographs.
  • (19) Yogi Breisner, performance manager for the British eventing team, said: "It is a real shame that it has been called off, especially in an Olympic year when a lot of the riders and horses would have been on show.
  • (20) I buy ‘smart price’, own-brand cornflakes, rather than Kellogg’s, and I still get to the checkout and think, ‘That’s come to a lot again.’” Are you Daniel Blake?

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