Subasta (en. Auction)

suˈβas.ta

Meaning & Definition

EnglishSpanish
noun
Act of selling or buying something to the highest bidder.
The art auction attracted many collectors.
La subasta de arte atrajo a muchos coleccionistas.
Sales system in which bids are made over a specified period.
The online auction will close at midnight.
La subasta en línea se cerrará a la medianoche.
Successive bids for prices in the sale of goods.
During the auction, prices rose rapidly.
Durante la subasta, los precios fueron aumentando rápidamente.

Etymology

From the Latin 'subhasta', where 'sub' means under and 'hasta' means bid or offer.

Common Phrases and Expressions

auction of goods
public sale of goods, where items are offered to the highest bidder.
subasta de bienes
to participate in an auction
to get involved in the bidding process for an item.
participar en una subasta
silent auction
type of auction in which bids are submitted without other bidders seeing the offers.
subasta silenciosa
online auction
auction that takes place through digital platforms.
subasta en línea

Related Words

bid
offer made in an auction.
puja
sale
public sale in which goods are offered to the highest bidder.
remate
tender
formal process of obtaining bids for a contract or sale.
licitación

Slang Meanings

Informal or friendly bidding.
We had a 'auction' among friends to see who had the best joke.
Hicimos una 'subasta' entre amigos para ver quién tenía el mejor chiste.
Competition for a desired object.
The fight for the last phone felt like an auction.
La pelea por el último teléfono se sintió como una subasta.