Dutch auction

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Wikipedia has an article on:

Wikipedia

Pronunciation[edit]

  • (UK) IPA(key): /ˌdʌtʃ ˈɔːk.ʃən/

Noun[edit]

Dutch auction (plural Dutch auctions)

  1. an auction where many of the same item are sold.
  2. a reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy

Translations[edit]