auction house
/ˈɔːkʃ(ə)n ˌhaʊs
/noun
A company that runs auctions.For a twice-yearly auction event, an auction house receives about 500-600 paintings to select....
- The auction house is expecting more than 100 people to attend.
- Each auction house has gambled millions of dollars guaranteeing owners minimum prices, whether their artworks sell or not.