Auction set: meaning, definitions and examples
🔨
auction set
[ ˈɔːkʃən sɛt ]
buying and selling goods or services
An auction is a public sale where goods or property are sold to the highest bidder. It is a method of buying and selling items by offering them up for bid, taking bids, and then selling the item to the highest bidder.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
auction set |
Used to describe the items that are prepared and grouped together for an auction event.
|
sale |
General term for the act of selling goods or services in exchange for money. It doesn't imply a competitive atmosphere like an auction.
|
bidding |
Describes the action of placing offers to buy something, usually in a competitive context like an auction.
|
auctioning |
Refers to the process of selling items at an auction, where potential buyers place bids.
|
Examples of usage
- The auction set a new record for the highest price ever paid for a painting.
- She won the auction for the antique furniture set.
group of items sold together
A set in an auction refers to a group of items that are sold together as a single lot. It can include a collection of related items or a bundle of goods that are auctioned off as a unit.
Synonyms
bundle, collection, lot.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
auction set |
Used when referring to items grouped together for the purpose of being sold at an auction. This phrase emphasizes the setting of the auction.
|
collection |
Denotes a group of items that have been gathered or accumulated, often over time, for a specific purpose or by a specific person. This term is commonly used for hobbyist gatherings like stamps, coins, or artwork.
|
lot |
Generally used to refer to a group of items that are being sold together, typically in an auction or sale setting. Has a slightly neutral or formal tone and can be used in both commercial and informal contexts.
|
bundle |
Refers to a collection of items that are grouped together, often sold as a single unit. Typically used in commercial or retail contexts where items are packaged together to add value.
|
Examples of usage
- The auction set included a set of fine china and silverware.
- They decided to bid on the entire set of vintage vinyl records.
arrange for sale by auction
To auction set means to organize or arrange for items to be sold at an auction. It involves preparing the items for sale, setting a date and time for the auction, and promoting the event to attract bidders.
Synonyms
put up for bid, sell at auction.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
auction set |
The term 'auction set' is not commonly used in English, but if it were, it might refer to a collection of items prepared for auction or the setting where an auction takes place.
|
sell at auction |
Use this phrase when referring to actually selling items through the process of an auction. It emphasizes the method of sale.
|
put up for bid |
This phrase is appropriate when describing the act of offering something for sale, especially in an auction, by inviting potential buyers to make offers or bids.
|
Examples of usage
- They decided to auction set their antique jewelry collection.
Translations
Translations of the word "auction set" in other languages:
🇵🇹 conjunto de leilão
🇮🇳 नीलामी सेट
🇩🇪 Auktionsset
🇮🇩 set lelang
🇺🇦 набір для аукціону
🇵🇱 zestaw aukcyjny
🇯🇵 オークションセット
🇫🇷 ensemble de vente aux enchères
🇪🇸 conjunto de subasta
🇹🇷 müzayede seti
🇰🇷 경매 세트
🇸🇦 مجموعة المزاد
🇨🇿 aukční sada
🇸🇰 aukčný set
🇨🇳 拍卖套装
🇸🇮 aukcijski set
🇮🇸 uppboðsett
🇰🇿 аукцион жиынтығы
🇬🇪 აუქციონის ნაკრები
🇦🇿 hərrac dəsti
🇲🇽 conjunto de subasta
Etymology
The word 'auction' originated from the Latin word 'auctio', meaning an increase or growth. The concept of auctions dates back to ancient Greece, where goods and property were sold to the highest bidder. Auctions have been used throughout history as a method of commerce, and they continue to be a popular way of buying and selling goods in modern times.