Etymology

auction

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Today it means: A public event where goods or property are sold to the highest bidder. Full definition →

Latin auctiō
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The story

  1. Latin · borrowed fromauctiō“an increase, auction”
  2. English todayauction

From Latin auctiō (“an increase, auction”), from augere (“to increase”).

Etymology from Wiktionary, CC BY-SA 4.0.