Less confused about Austrian auctions (5)
I believe the answer is:
sales
'auctions' is the definition.
(auction is a type of sale)
'less confused about austrian' is the wordplay.
'confused' is an anagram indicator.
'about' means one lot of letters goes inside another.
'austrian' becomes 'a' (this might be a standard abbreviation I've not previously seen).
'less' anagrammed gives 'sles'.
'sles' placed around 'a' is 'SALES'.
Can you help me to learn more?
(Other definitions for sales that I've seen before include "Opportunities to sell" , "a feature of Boxing Day?" , "Occasions for buying at reduced prices" , "Business department - retail events" , "Income received for goods and services over a given period" .)