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Definitions

auction

[awk-shuhn] / ˈɔk ʃən /
NOUN
competitive sale; sale by bid
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Contracts from the auction would support $15 billion in construction of new power capacity, Bloomberg reported, and require companies with contracts to pay for power whether they use it or not.

From MarketWatch

Constellation dropped 9.8%, because investors fear the auction would reduce demand for its existing power plants.

From Barron's

The White House expects the auction to bring in more than $15 billion for the construction of the plants.

From Barron's

Slovakia will conduct its first auction this year on Monday, tapping four bond lines.

From The Wall Street Journal

The build-out of data centers there in response to the artificial-intelligence boom is straining the grid’s capacity and has resulted in substantially higher costs in several of the grid operator’s recent power auctions.

From The Wall Street Journal