Crossword Genius

Commit formally, to auction perhaps (7)

Ross

I believe the answer is:

consign

(Other definitions for consign that I've seen before include "Commit or deliver formally" , "Give over for safekeeping" , "Hand over (to the Post Office?)" , "Send (goods) by carrier" , "A PM; a race since 1780" .)

I've seen this clue in The Irish Times.
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