Associations to the word «Auction»


AUCTION, noun. A public event where goods or property are sold to the highest bidder.
AUCTION, verb. To sell at an auction.
AUCTION BRIDGE, noun. (card games) A precursor to the game of contract bridge.
AUCTION CALL, noun. (finance) The option to call a securitized bond usually after a set time period or after the deal's assets have amortized substantially. Typically, the deal's trustee places the entire portfolio of assets up for bid. The highest bid wins the auction and the sale proceeds are used to pay off all the tranches in the deal. All money left over after paying off the notes is usually split (not evenly) between the holders the most subordinate class of notes (often referred to as the equity) and the collateral manager.
AUCTION HOUSE, noun. A company that runs auctions.
AUCTION HOUSE, noun. A building in which auctions are conducted.
AUCTION HOUSES, noun. Plural of auction house
AUCTION OFF, verb. To sell something at an auction.
AUCTION PITCH, noun. A card game in which the players bid for the privilege of determining or "pitching" the trump suit.

Dictionary definition

AUCTION, noun. A variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge.
AUCTION, noun. The public sale of something to the highest bidder.
AUCTION, verb. Sell at an auction.

Wise words

Words are cheap. The biggest thing you can say is 'elephant'.
Charlie Chaplin