Crossword Genius

Bidding event (7)

Ross

I believe the answer is:

auction

(Other definitions for auction that I've seen before include "A lot will be seen in this" , "Offer to bidders" , "Public sale to highest bidders" , "Use caution at public sale" , "Public sale at which bids are made" .)

I've seen this clue in The Sun and the Family Time.
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