Dutch auction

See also: Dutch-auction

English

Pronunciation

(UK) IPA^(key): /ˌdʌtʃ ˈɔːk.ʃən/

Noun

Dutch auction (plural Dutch auctions)

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

Translations

auction of many of the same item

reverse auction

Czech: holandská aukce f

Dutch: afslag (nl) m, afslag bij afmijning m, veiling bij afslag (nl) f

This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.