also: けいらく
noun, noun or participle which takes 'suru', transitive verb
acquisition at an auction; winning bid
Refers to the act of successfully purchasing property at a public auction, especially in legal or real-estate contexts. The reading けいらく is used in legal settings.
裁判所の競売で不動産を競落した。
I acquired the real estate at the court auction.
競落人は代
The successful bidder must pay the price.