Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Absolute Auction Absolute Auction November 9, 2021 An auction in which the subject property is sold to the highest bidder regardless of the amount of the winning bid.You Might Also Like: Everyday MoneyDiscover the Power of Bank Five Nine’s Digital Banking Tools Everyday MoneyBeware of QR Code Fraud: What You Need to Know Everyday MoneyWinter Budgeting Tips: Simple Strategies to Stay Financially Cozy This Season Everyday MoneyUnderstanding and Maximizing Credit Card Rewards for Smart Financial Benefits Everyday MoneyProtecting Seniors from Financial Scams