No. 3,374 in Swedish

auktionen

"The auction."

In a sentence

Jag vann en vacker tavla på auktionen igår.
I won a beautiful painting at the auction yesterday.
Here, 'auktionen' is used to denote the event or place where items are sold.
Auktionen börjar klockan två på eftermiddagen.
The auction starts at two in the afternoon.
In this sentence, 'auktionen' refers to the scheduled event where bidding will occur.
Priserna på den auktionen var för höga.
The prices at that auction were too high.
The usage of 'auktionen' here specifies the subject being talked about — the specific auction event.

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