Words similar to auction
Example sentences for: auction
How can you use “auction” in a sentence? Here are some example sentences to help you improve your vocabulary:
During the first year of the new trading program, 99% of the allowances will be allocated to affected EGUs with an auction for the remaining 1%.
If you can get up early enough, you can attend the pre-dawn auction held at the vast local wholesale fish market; otherwise, have a look at the street market that goes on later in the day.
"Ever since the Internet, it seems to snowball more rapidly, this depersonalization of people and selling of eggs," one fertility expert complains to the New York Times . USA Today says the egg auction "just might force an Internet-obsessed society to finally sit down and ask itself: Where is the Internet taking us?"
But there's no reason to lowball in a second-bid auction, because the amount you pay is independent of the amount you bid.
Remember, there is no danger of the winner's curse if you are sure about the value of an item to you . In that situation, the auction device serves its proper purpose of putting the item in the hands of whoever values it the most.