auction

Related to auction: Online auction, Auction sites

auction off

To sell an item to the highest bidder. We're auctioning off a car at the charity event this year.
See also: auction, off

Dutch auction

An auction in which the asking price is set high and then lowered until someone buys the item. What is this, a Dutch auction? Why is the auctioneer starting out at $1,000 for that piece of junk?
See also: auction, Dutch

up for auction

Available to be sold at an auction. The banker's family estate had to be put up for auction to cover some of his mounting debt. A lot of the famous singer's memorabilia are up for auction this Saturday.
See also: auction, up
Farlex Dictionary of Idioms.

auction something off

to sell something [to the highest bidder] at an auction. He auctioned his home off. He auctioned off his home. The duke was forced to auction off his ancestral home to pay his taxes.
See also: auction, off

Dutch auction

an auction or sale that starts off with a high asking price that is then reduced until a buyer is found. (Viewed by some as insulting to the Dutch.) Dutch auctions are rare—most auctioneers start with a lower price than they hope to obtain. My real estate agent advised me to ask a reasonable price for my house rather than get involved with a Dutch auction.
See also: auction, Dutch

*up for auction

Fig. to be sold at an auction. (*Typically: be ~; come ~; go ~; put something ~.) The old farm where I lived as a child is up for auction.
See also: auction, up
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs.

auction off

v.
To sell something to the person who offers the highest amount of money, at or as at an auction: We don't need this table anymore, so we should auction it off. To clear out the warehouse, the company auctioned off the old inventory.
See also: auction, off
The American Heritage® Dictionary of Phrasal Verbs.
See also:
  • auction off
  • Dutch auction
  • (I've) got to take off
  • be well off for (something)
  • be well off for something
  • be off for (something)
  • be off for sth
  • (Now) where was I?
  • go up for (something)
  • be off with you
References in periodicals archive
On April 13, 2017, the Commission released the Incentive Auction Closing Public Notice
Non-Winning Bid In FCC's Auction 1001? Here's What To Do
Like the first two days, on the third day too, auction process was conducted in a well-organized, open and transparent way and received a very favourable response from public at large.
Top companies, business groups show interest in commercial land CDA earns over Rs4b from auction of commercial plots
According to an official statement, the auction received a very favourable response from public at large.
Auction of residential plots fetches Rs1.25bn
Elsewhere, the commercial auction which runs every first and third Friday of the month will next take place on Friday, February 1 from 11.30am and will feature vendors from Greenhous and Threeways.
Wilsons Auctions Queensferry - off to a strong start in 2019! ADVERTISEMENT FEATURE
Before this, the NHA has auctioned 62 of its vehicles in Islamabad office through open auction and generated 60.29 million of rupees while 15 were sold in Peshawar office with the total cost of Rs20.3 million and 9 vehicles of Rs10.13 million were sold in Abbottabad.
NHA's 110 vehicles auction fetches Rs129.49m
Five months ago, CDA concluded its landmark three-day auction at Jinnah Convention Centre.
CDA bags Rs7.48b in auction of 22 commercial plots
Chairman, CDA, Usman Akhtar Bajwa expressed his pleasure over the historic auction of commercial plots held on 27th, 28th and 29th March, 2018.
CDA auctions 29 plots; fetches Rs 7.10 bn
Edward Feather, senior valuer and auctioneer at SDL Auctions Chester and North Wales, said: "Our first Chester Racecourse auction of 2018 didn't disappoint for both buyers and vendors with a total of PS2.5m raised for the joint catalogue with the Manchester auction the following day.
Dilapidated small cottage goes under the hammer for PS55k; Single storey building in remote wooded area could be converted to holiday home
'FCBL during that time managed to auction daily 30 trucks through the open outcry auction and two trucks through the online auction,' the manager said.
Phuentsholing FCBL auctions over 19,000MT of potatoes this year
While the auction process remains a very effective way to acquire and sell fine art and collectibles, Salcedo Auctions believes that it can only be transparent in so far as the organizers of such auctions are forthcoming in their dealings behind the scenes.
Warning: possible 'implosion' of PH art market
SmartLane is featured at participating physical auctions nationwide, and leverages Ally's remarketing specialists to professionally represent and manage the auction sale process with the goal of maximizing net resale values for dealers and Ally.
Ally Financial Honors Top Physical and Online Auctions in 2015 with its Annual Auction of the Year Awards
An eleven member auction committee headed by Member Finance / Member Planning and Design is supervising the auction process.
CDA got resounding response on first day of auction of commercial plots
Seattle, WA, March 11, 2016 --(PR.com)-- BidSpotter.com, your online bidding partner, will be providing online bidding for Baker Auction Company for their four upcoming agriculture equipment auctions ending this month.
Upcoming Agriculture Retirement Auctions - Hundreds of Farming Equipment Offered
We normally find them changing hands only at auction houses.
Sotheby Raises Its Hammer Price
YORKSHIRE is one of the fastestgrowing regions outside the South East when it comes to people buying property at auction, according to new figures.
Property auctions get plenty of hammer in Yorkshire