(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.
Outbid
Definition:
(imp.) of Outbid
(p. p.) of Outbid
(v. t.) To exceed or surpass in bidding.
Example Sentences:
(1) He would later tut-tut about this, as an error of judgment, and as a cause of relief to him that he was outbid.
(2) Friess said that while producers will benefit most from the pipeline, refineries along the Gulf—which he described as the "most sophisticated refineries in the world"—will profit, too, because they'll be able to outbid other refining markets for Canadian crude.
(3) In doing so he outbid his former employer, BSkyB, and easily outbid previous rights holders ESPN and Yahoo, which controlled parts of the digital rights that were previously split into different packages.
(4) During the renegotiation in 2011, Microsoft made a substantial offer to replace Google with its Bing search engine; Google, though, outbid it and now pays an average of $22m per month.
(5) Ballmer outbid several other potential buyers, most notably a group consisting of Oprah Winfrey, Oracle chief executive Larry Ellison and David Geffen – a multicultural ownership which would have been amusing from a karmic standpoint.
(6) That friendship ended acrimoniously when Jackson outbid McCartney when the Beatles' publishing catalogue came up for sale in 1985 – essentially, Jackson now owned all of McCartney's 1960s songs.
(7) DMGT tried to buy the Daily Telegraph and Sunday Telegraph four years ago but was outbid by the current owners, Sir David and Sir Frederick Barclay.
(8) It's quite likely that Google will seek to outbid Microsoft again this year.
(9) Birt recalled how Frost only got the interview with Nixon because he raised the money personally, outbidding a US broadcaster.
(10) "We had abuse from the buyers because they think the market is dreadful and they couldn't believe they had been outbid."
(11) It wanted to hang on to The Voice, but was outbid for the next series by ITV.
(12) The dinosaur skull bought by actor Nicolas Cage after he outbid fellow A-lister Leonardo DiCaprio could now return to bite him where it hurts, after it is apparently part of a criminal inquiry into illegally imported fossil remains, according to the Daily Telegraph .
(13) Far cheaper options with proven track records of deflecting from rapid reoffending have been mindlessly eschewed on occasions without number.In the early 90s, the home secretary Douglas Hurd tried hard but then shallow electoral considerations had both Conservative and Labour administrations outbidding each other with more of the same counterproductive and populistic non-sequiturs We still have time to learn from the financial and social mess the US prison estate is now in before it is too late.
(14) "It should raise concerns if no competitors are actually able to outbid Sky for major studio content in the coming year."
(15) Spain’s two biggest clubs, Real Madrid and Barcelona, were able to reach lucrative TV deals that enabled them to consistently outbid rival clubs for players.
(16) In this climate it is absurd that in the recent leaders’ debate political parties were attempting to outbid each other on the number of GPs they could magically produce in the next parliament.
(17) He can match the SNP on abandoning Britain’s nuclear deterrent, outbid it on opposing austerity and press harder on public ownership of industry.
(18) In a 55-page document, they argue that the satellite broadcaster has the funds to outbid rivals for "must see" content such as Premier League football and Hollywood blockbusters that attract subscribers and thus revenue.
(19) So where once David Cameron called Ukip a bunch of "fruitcakes, loonies and closet racists" , now his party seeks to outbid them with weekly announcements of benefit and immigration crackdowns.
(20) In an interview with the Guardian in October she accused politicians of trying to outbid each other in their opposition to terrorism.