1.
auction; competitive bidding
A sale in which buyers compete by offering increasingly higher prices. Especially associated with early-morning fish and produce auctions at Japanese wholesale markets like Tsukiji and Toyosu. From the verb 競る (to compete, to bid).
朝の競りが始まった。
The morning auction has started.
豊洲市場の競りを見学した。
I observed the auction at Toyosu Market.
初競りで一番マグロが三億円で落札された。
The top tuna was sold for 300 million yen at the year's first auction.
CULTURE:
Japan's wholesale fish market auctions are famous worldwide. The 初競り (first auction of the year) at Toyosu Market regularly makes international news when record prices are paid for premium tuna, a tradition symbolizing good fortune for the new year.
COMMON COLLOCATIONS:
- 初競り (first auction of the year)
- 競りにかける (to put up for auction)
- 競り落とす (to win at auction)
- 競り値 (auction price)
- 魚市場の競り (fish market auction)