Definitions

1. noun

A form of public auction where all items are sold to the highest bidder, regardless of price.

“The encheiria at the charity event raised a significant amount of money for the local community.”

2. noun

A type of public auction in ancient Greece where goods were sold to the highest bidder, often at a fixed price.

“In ancient Greece, encheiria was a common way to sell goods to the highest bidder.”