+An **auction** is a public [sale](/wiki/sale) where items are offered for purchase, with a [price](/wiki/price) set by competitive [bidding](/wiki/bidding). It is a dynamic process where potential buyers compete, often revealing an item's true market value.
+## See also
+- [Market](/wiki/market)
+- [Commerce](/wiki/commerce)
+- [Transaction](/wiki/transaction)
... 1 more lines