Word: Auction
Part of Speech: Noun
Meaning: A public event where items are sold to the highest bidder.
Synonyms: Sale, bidding, tender
Antonyms: Buy-it-now, fixed price
Example 1: The old painting was sold at auction for an astonishing amount of money.
Example 2: Many rare collectibles can be found at local auctions if you know where to look.
Example 3: The auction began with the first item being a beautiful vase that many bidders were excited about.
Did you know that auctioning dates back to ancient Rome? The first recorded auction was held around 500 B.C. to sell women for marriage!
"An auction is a place where a man can sell his soul and still make a profit." Unknown
1. What does "auction" mean?
a) A type of market
b) An event where items are sold to the highest bidder
c) A place to buy groceries
d) A fashion show
Answer: b) An event where items are sold to the highest bidder
2. Which of these is a synonym of "auction"?
a) Selling
b) Bidding
c) Buying
d) Trading
Answer: b) Bidding
3. What is the opposite of "auction"?
a) Bid
b) Buy-it-now
c) Sale
d) Tender
Answer: b) Buy-it-now
4. Which sentence uses "auction" correctly?
a) I went to the auction to listen to music.
b) He bought a bicycle at the auction last weekend.
c) The auction was cancelled due to rain.
d) The auctioneer showed us how to cook.
Answer: b) He bought a bicycle at the auction last weekend.
5. What does it mean to "put something up for auction"?
a) To give it away for free
b) To offer it for sale to the highest bidder
c) To keep it forever
d) To borrow it from someone
Answer: b) To offer it for sale to the highest bidder
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Step 4: Schedule your exam date and preferred time.
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