penny auction
penny auction noun: a kind of auction that charges bidders a small fee (such as one penny) for each bid placed.
Noun
penny auction (plural penny auctions)
- A kind of auction that charges bidders a small fee (such as one penny) for each bid placed.
- Especially during the Great Depression, the use of intimidation to force the sale of a foreclosed property at a low price, with the intent of returning the property to its previous owner.
Forms of penny auction
| plural | penny auctions |
|---|
Questions about penny auction
- What does penny auction mean?
- Penny auction means a kind of auction that charges bidders a small fee (such as one penny) for each bid placed.
- What part of speech is penny auction?
- Penny auction is a noun.
- What is the plural of penny auction?
- The plural of penny auction is penny auctions.
Words near penny auction in the dictionary
Source and license
Adapted from Wiktionary: penny auction (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “penny auction.” Word.ws, https://word.ws/penny_auction. Based on Wiktionary, CC BY-SA 4.0.
