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Meaning of Auction | Babel Free

Noun CEFR B2 Standard
ˈɔːkʃən

Definitions

  1. A public event where goods or property are sold to the highest bidder.
  2. The first stage of a deal, in which players bid to determine the final contract.

Equivalents

Български аукцио́н търг
বাংলা নিলাম
Cymraeg arwerthiant
Esperanto aŭkcio
Eesti oksjon
فارسی مزایده
Galego almoeda leiloio poxa poxar proia
ગુજરાતી લિલામ
हिन्दी नीलाम नीलामी
Հայերեն աճուրդ
Bahasa Indonesia auksi lelang
ქართული აუქციონი
Қазақша аукцион
Kurdî mezat muzayede
Latina auctio praecō
Lietuvių aukcionas
Latviešu izsole ūtrupe
Македонски аукција
Bahasa Melayu lelong
မြန်မာဘာသာ လေးလ
Nederlands veilen veiling
Português leilão leiloar
Română licitație
Српски dražba аукција
Kiswahili mnada
தமிழ் ஏலம்
తెలుగు వేలం
Tagalog amboy
Українська торг
Tiếng Việt bán đấu giá đấu giá

Examples

“Auctions come in a wide variety. In a “Dutch auction”, often used to sell flowers and fruit, prices start high and gradually drop until a bidder is willing to pay up. A “Japanese auction” is a bit like poker: bids rise with each round and anyone who wants to win must bid every time. Vendors using auctions rid themselves of the headache of choosing prices and instead just pick the rules bidders must follow.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

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