What does auctioneers mean?

auctioneers meaning in Law Dictionary

middleman whom offers items in an auction format. A bidder estimates until they winnings. They've been compensated through fee of last purchase.

auctioneers meaning in Business Dictionary

Middlemen who offer products in auctions by which bidders competitively bid upon their supplied product using the greatest provided cost winning. Auctioneers are usually paid through commissions made off the final purchase.