Dutch auction

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See also: Dutch-auction

English[edit]

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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]