Is there a one-word term for a person who won the auction? Top bidder comes to my mind, but it's actually two words.
2 Answers
The generally adopted term for this is successful bidder as recognized in commercial and, probably also, legal contexts.
Strictly speaking, the highest bidder is considered as the tentative 'winner'. If his bid is technically cleared and no objections are raised, he would be the 'successful bidder'. He may or may not eventually buy -- if he completes the formalities and pays up, he would be the 'buyer'.
A single word may be possible but can be a problem being different from the well-understood phrase.
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Ok, this is pretty descriptive. Also thank you for fetching the commonly used terms. Commented Jun 13, 2012 at 11:48
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@ElijahSaounkine Nice to be of help. You could see the logic in using the set phrase, though your need was for a single word! Can you fit in the phrase?– KrisCommented Jun 13, 2012 at 11:52
Buyer? Only the top bidder can actually buy the auction lot.
Winner? There is only one winner (and you actually used the word won yourself).
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1I'm not with buyer, the successful bidder may or may not eventually buy. Not winner either -- that sounds inappropriate to me though not sure why.– KrisCommented Jun 13, 2012 at 11:24