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holiday auctions

Comprehensive Analysis

1) "Holiday" -- As to holiday auctions 1hol�i�day Pronunciation: 'hä-l&-"dA, Britain usually 'hä-l&-dE Function: noun Etymology: Middle English, from Old English hAligdæg, from hAlig holy + dæg day 1 : HOLY DAY 2 : a day on which one is exempt from work; specifically : a day marked by a general suspension of work in commemoration of an event 3 chiefly British : VACATION -- often used in the phrase on holiday; often used in plural 4 : a period of exemption or relief <corporations enjoying a tax holiday> Pronunciation Symbols The word holiday has related but different meanings in English-speaking countries. Based on the words holy and day, holidays originally represented special religious days. This word has evolved in general usage to mean any special day of rest (as opposed to regular days of rest such as the weekend). In much of the English-speaking world a holiday can mean a period spent away from home or business in travel or recreation (e.g. "I'm going on holiday to Malta next week"), the North American equivalent is "vacation". Many Canadians will use the terms vacation and holiday interchangeably when referring to a trip away from home or time off work. In Australia the term can refer to a vacation or gazetted public holiday, but not to a day of commemoration such as Mothers' Day or Halloween. In all of the English-speaking world, a holiday is a day set aside by a nation or culture (in some cases, multiple nations and cultures) typically for celebration but sometimes for some other kind of special culture-wide (or national) observance or activity. A holiday can also be a special day on which school and/or offices are closed, such as Labor Day. When translated from/to other languages, the meanings of the word "holiday" may be conflated with these of "observance" and "celebration". 1 Public holidays 2 Consecutive holidays 3 Religious holidays 3.1 Bahá'í holidays 3.2 Buddhist holidays 3.3 Celtic, Norse, and Neopagan holidays 3.4 Christian holidays 3.5 Hindu holidays 3.6 Muslim holidays 3.7 Jewish holidays 4 The American winter holiday season 4.1 Holidays traditionally in the winter holiday season 4.2 Winter holiday greetings 5 National holidays 2) "Auctions" -- As to holiday auctions 1auc�tion Pronunciation: 'ok-sh&n Function: noun Etymology: Latin auction-, auctio, from augEre to increase -- more at EKE 1 : a sale of property to the highest bidder 2 : the act or process of bidding in some card games Pronunciation Symbols An auctioneer and her assistants scan the crowd for bidders An auction is the process of buying and selling things by offering them up for bid, taking bids, and then selling the item to the highest bidder. Auctioning can be traced as far back as 500 B.C.[1] In economic theory, an auction is a method for determining the value of a commodity that has an undetermined or variable price. Auctions can be with reserve or minimum, or without minimums, or absolute or no reserve. In reserve auctions, there is a minimum bid or reserve price; if the bidding does not reach the minimum, there is no sale (but the person who puts the item up for auction may still owe a fee to the auctioneer or auction company). In absolute or no reserve auctions, the sale is guaranteed, with only the price left to be determined. In the context of auctions, a bid is an offered price. 1 History of the Auction 2 Additional Information 3 Types of auctions 3.1 Primary types of auctions 3.2 Other auction terminology 4 See also 5 Further reading 6 Footnotes However, according to ancient Greek scribes, the more generally accepted auction occurred first in Babylon in 500 B.C. During this period, auctions were held annually, and women were sold on the condition of marriage. It was considered illegal to allow a daughter to be sold outside the auction method. Women with “beauty” engendered higher bidding, women without “beauty” had to pay a dowry to be accepted into the auction, and thus the price would be negative. During the Roman Empire, following military victory, Roman soldiers would often spear the ground to mark the location of spoils in which goods and property were seized. Roman business agents were said to have accompanied warriors into battle to help facilitate expected sales...." 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