What's the difference between auction and sale?

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.

Sale


Definition:

  • (n.) See 1st Sallow.
  • (v. t.) The act of selling; the transfer of property, or a contract to transfer the ownership of property, from one person to another for a valuable consideration, or for a price in money.
  • (v. t.) Opportunity of selling; demand; market.
  • (v. t.) Public disposal to the highest bidder, or exposure of goods in market; auction.

Example Sentences:

  • (1) Schneiderlin, valued at an improbable £27m, and the currently injured Jay Rodriguez are wanted by their former manager Mauricio Pochettino at Spurs, but the chairman Ralph Krueger has apparently called a halt to any more outgoings, saying: “They are part of the core that we have decided to keep at Southampton.” He added: “Jay Rodriguez and Morgan Schneiderlin are not for sale and they will be a part of our club as we enter the new season.” The new manager Ronald Koeman has begun rebuilding by bringing in Dusan Tadic and Graziano Pellè from the Dutch league and Krueger said: “We will have players coming in, we will make transfers to strengthen the squad.
  • (2) Ofcom will conduct research, such as mystery shopping, to assess the transparency of contractual information given to customers by providers at the point of sale".
  • (3) Gallic wine sales in the UK have been tumbling for the past 20 years, but the news that France, once the largest exporter to these shores, has slipped behind Australia, the United States, Italy and now South Africa will have producers gnawing their knuckles in frustration.
  • (4) Tables provide data for Denmark in reference to: 1) number of legal abortions and the abortion rates for 1940-1977; 2) distribution of abortions by season, 1972-1977; 3) abortion rates by maternal age, 1971-1977; 4) oral contraceptive and IUD sales for 1977-1978; and 5) number of births and estimated number of abortions and conceptions, 1960-1975.
  • (5) BT Sport went down this route, appointing Channel 4 Sales, the TV ad sales house that represents the broadcaster and partners including UKTV.
  • (6) But that gross margin only includes the cost of paying drivers as a cost of revenue, classifying everything else, such as operations, R&D, and sales and marketing, as “operating expenses”.
  • (7) This is an edited extract from Across the Seas – Australia’s Response to Refugees: A History by Klaus Neumann, published by Black Inc. Books and on-sale now .
  • (8) The pressure is ramping up on Asda boss Andy Clarke, who next week will reveal the chain’s sales performance for the quarter covering Christmas.
  • (9) Sales of oral contraceptives (OCs) remained relatively stable within each country, but women used OCs more often in Sweden and Denmark than in Finland and Norway.
  • (10) Wright said he had recently shown a family moving from London around a four-bedroom house with a paddock, on sale for £375,000.
  • (11) This study sought to determine if and why barriers to the over-the-counter purchase of syringes in the St. Louis metropolitan area might exist, given that no ordinance prohibits such a sale there.
  • (12) "The pattern of consumption is that among ebook readers there is a desire to pre-order, or get it quickly, so ebook sales are particularly high in the first few weeks," he said.
  • (13) Arena's final April issue goes on sale next Thursday, 12 March.
  • (14) Large price cuts seem to have taken a toll on retailer profitability, while not necessarily increasing sales substantially,” Barclaycard concluded.
  • (15) This comprised 1.5% through death and 17.1% through sale.
  • (16) China's relations with the NTC were strained last week when it emerged Chinese arms firms had talked to Muammar Gaddafi's representatives about weapons sales .
  • (17) They’re putting on a heavy sales job as one would expect,” Texas representative Mac Thornberry, the Republican who chairs the House armed services committee, told reporters upon leaving one of the briefings.
  • (18) The Press Association tots up a total of £26bn in asset sales last year – including the state’s Eurostar stake, 30% of the Royal Mail and a slice of Lloyds.
  • (19) The PTA take 25% of sales, and most parents donate unsold stock."
  • (20) The first versions, without mobile connectivity, will go on sale worldwide at the end of March, priced from $499 in the US; UK prices are not yet set.