Meaning of the word "auction house" in English

What does "auction house" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

auction house

US /ˈɑːk.ʃən ˌhaʊs/
UK /ˈɑːk.ʃən ˌhaʊs/
"auction house" picture

Noun

1.

a company or building where auctions are held

Example:
The rare painting was sold at a famous auction house.
She works for an international auction house specializing in antiques.
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