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Dutch auction

   Also found in: Financial, Idioms, Encyclopedia, Wikipedia 0.01 sec.
Dutch auction
n.
An auction in which an item is initially offered at a high price that is progressively lowered until a bid is made and the item sold.
Dutch auction
n
(Business / Commerce) an auction in which the price is lowered by stages until a buyer is found
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.dutch auction - a method of selling in which the price is reduced until a buyer is found
marketing, merchandising, selling - the exchange of goods for an agreed sum of money
Translations
Dutch auction n → asta all'olandese
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A selection of wines will be available to taste over the two days and there will be a Dutch auction on selected wines.
Bag a bargain at wine sale by Birmingham Mail (England)
There will also be bingo, a raffle and a Dutch auction.
Charity night by Huddersfield Daily Examiner (Huddersfield, England)
The most common Dutch auctions are actually a combination of two auction types: they're multiple-item fixed price auctions (Dutch Buy it Now auctions to you and me).
How Do Dutch Auctions Work on Ebay? by David Hooper / Computers and Internet community
 
 
 
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