This is the 17685th most frequent Korean word.
소더비
"소더비" is "Sotheby's," an international auction house.
Here, '소더비' is used to identify the entity hosting the auction event, indicating interest in their particular auctions.
저는 소더비에서 진행하는 경매에 참여하고 싶습니다.
I want to participate in the auction held at Sotheby's.
The word '소더비' here refers to the proper noun 'Sotheby's', denoting the auction company itself.
소더비는 세계적인 경매 회사입니다.
Sotheby's is a world-renowned auction house.
The word '소더비' in this sentence again refers to the auction house, specifying the location of the event.