Pronounce Auction as AH UW K T IY OW N.
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public sales event
auction, auction bridge(noun)a variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge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, auction sale, vendue(verb)the public sale of something to the highest bidder
auction, auction off, auctioneer(verb)sell at an auction
a public event at which things are sold to the people who offer to pay the most She bought the desk at an auction.He made several bids at the auction.
I met Tom at an auction a few years ago.
I met Tom at a wine auction a few years ago.
Farmers defaulting on loans had to auction off their land.
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