English

Wikipedia has an article on: Dutch auction

Pronunciation

US SAMPA: /d@tS AkSIn/

Noun

Singular Dutch auction

Plural Dutch auctions

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
Category: English nouns

 

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