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Definitions from WordNet

Definitions from the Web

Auction off

Definition: To sell items or property to the highest bidder through an organized event, typically involving competitive bidding.

Part of Speech: Verb phrase

Senses and Usages:

1. To conduct a public auction to sell off items or property:
• The estate agent auctioned off the rare antique collection to interested buyers.
• The government will auction off confiscated goods next week.
2. To sell something quickly or in a hurry:
• The store had to auction off its excess inventory at discounted prices.
• Desperate to raise money, he decided to auction off his valuable painting.

Sample Sentences:

• The charity organization decided to auction off donated items to raise funds for their cause.
• The famous painting was auctioned off for a record-breaking price.
• The city council agreed to auction off the abandoned property to the highest bidder.
• She plans to auction off her entire stamp collection at the upcoming auction house event.

Related Products:

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