Meaning Of The Word Dutch auction
What's the definition of Dutch auction? Find Dutch auction meanings, definitions and more at the Real Dictionary online.
Dutch auction Meaning
| Dutch auction Definition |
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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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