Cryptic crossword clue
Auction bid resulting from Penny’s uncontrolled temper  7

The most common and most likely answer to this crossword clue is the 7 letter word PREEMPT

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Buddy explains!

The straight part
We know that "Auction bid" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case auction bid = preempt.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does PREEMPT mean?

PREEMPT noun
  1. A preemptive bid.
PREEMPT verb
  1. To appropriate something (before someone else does).
  2. To displace something, or take precedence over something.
  3. To secure (land, etc.) by the right of preemption.
  4. To make a preemptive bid at bridge.

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