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Meaning of 拍卖

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pāi mài (Trad.: 拍賣)
to auction; auction sale; to sell at a reduced price
Example Sentences
1
The written auction record shall be signed by the auctioneer and the recorder;
2
He's a talented painter, and his paintings fetched a high price at the auction.
3
Hire experts to verify the authenticity and value of this artwork to determine whether or not to auction it.