Meaning Of The Word Dutch auction

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Dutch auction Meaning

Dutch auction Definition
Dutch auction Definition

What's The Definition Of Dutch auction?

Dutch auction
an auction in which an initially high offering price is lowered by increments until a buyer or, as in U.S. Treasury sales of securities, sufficient buyers are found
countable noun: A Dutch auction is an auction in which the prices of items are gradually reduced until someone buys them.
noun: a method of auction consisting in the offer of a property at a price above the actual value and then at gradually reduced prices until a buyer is found
noun: an auction in which the price is lowered by stages until a buyer is found

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