NounSingular auction Plural auctions auction (plural auctions)
SynonymsDerived termsVerbInfinitive to auction Third person singular auctions Simple past auctioned Past participle auctioned Present participle auctioning to auction (third-person singular simple present auctions, present participle auctioning, simple past and past participle auctioned)
Derived termsFrom Wiktionary under the GNU Free Documentation License. An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange. There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price. From Wikipedia under the
GNU Free Documentation License Auction or estate sale? What's the best way to sell off furniture and antiques? Q. We're downsizing and need to get rid of some furniture and assorted antiques. Has anyone out there had experience dealing with auction houses or estate sale dealers? Should we send the stuff to an auction house(some of the pieces are large)? Have an on-site auction? Have an estate-type sale? We're trying to decide which way to go. Thanks for your help! Asked by December - Tue Oct 30 14:09:56 2007 - - 4 Answers - 1 Comments A. www.craigslist.org List an Auction on that site in your area. That'll help with advertising if you choose to do it yourself. Other than that I've never delt with an auction. Answered by Johnny Danger - Tue Oct 30 14:18:44 2007 What can attorney due to delay auction of home? Q. Someone please help, I'm going crazy. We live in a non judicial state. Auction to sell our house is set for 12-4-09. We are unemployed at the present time and will not be able to keep our house and have accepted that. But since the auction is in December and we really have no place to go until January, is there anything an attorney can do to delay the auction for a month or two. Please I am asking for serious answers only. This is hard enough to loose our home after trying desperately to save our house. Asked by MKD - Tue Oct 27 23:02:51 2009 - - 2 Answers - 0 Comments A. Since you currently have no way of paying the mortgage because of lack of income you are out of luck unless you can show a your lender that you have even the slightest chance of making the loan good. Declaring bankruptcy would delay the foreclosure a couple of months, but that will cost your at least $2500 in attorney and legal fees. Sorry to say this but your situation is hopeless unless you can provide the lender a reasonable expectation that you will be able to resume payments, even modified payments, in the near future. Answered by Glenn S - Tue Oct 27 23:37:48 2009 How long does it take to list an estate for auction?
Q. Just curious as to a time frame, from the time an auctioneer comes to the home to inspect & list items, to the length of time to advertise for the auction, to the day it all sells. I am settling my grandmothers estate and planning on using an auction service to sell her home & belongings. As I live quite a distance away, I'd like to know what sort of time frame is involved, since I cannot make it back & forth to her hometown often. Thanks. Asked by swheatmamato3 - Fri Oct 3 11:02:58 2008 - - 2 Answers - 0 Comments A. about a month I would think Answered by golferwhoworks - Fri Oct 3 11:26:41 2008 From Yahoo Answer Search: "auction" From Wikiquote under the GNU Free Documentation License. Court to auction hot springs near Nome for sex abuse settlement
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