penny auction (English, noun)
expansion: penny auction (plural penny auctions)
Senses:
glosses: A kind of auction that charges bidders a small fee (such as one penny) for each bid placed.
glosses: 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.
tags: historical
Forms:
form: penny auctions
tags: plural