versteigern

The German word "versteigern" is a verb meaning "to auction" or "to sell at auction."

• It is composed of the prefix "ver-" and the verb "steigern", which means "to increase" or "to raise."
• Together, it conveys the act of raising bids by selling an item to the highest bidder.

Similar words:

• "auktionieren" (also "to auction"),
• "vermarkten" (to market or sell),
• "verkaufen" (to sell).

Difference:

• "Versteigern" specifically refers to a sale by public auction, emphasizing competitive bidding.
• "Auktionieren" is more formal or technical for conducting an auction.
• "Vermarkten" and "verkaufen" are broader terms for selling or marketing, without implying auction.