dutch auction

Noun

Meaning

a method of selling in which the price is reduced until a buyer is found

Source: WordNet

Synonyms

sale auction venue turn off roup sale by auction descending-price auction open-outcry descending-price auction price is reduced until a buyer is found reverse auction in a beauty contest in a beauty pageant

Antonyms

traditional auction property sold to the highest bidder forward auction goods sold to the highest bidder selling the item to the highest bidder selling to the highest bidder

Hypernyms

selling marketing merchandising

Examples

“Thereby a Dutch auction ensues and trust share prices can fall suddenly and sharply. Source: Internet

The office said it will sell N50 billion of a bond maturing in 2036, 40 billion of paper maturing in 2026 and 15 billion of debt maturing in 2020, using the Dutch auction system. Source: Internet

“The coup de grace was the launch of the Dutch auction on a new foreign exchange market. Source: Internet

Close letter words and terms

Dutch angle dutch area Dutch arrow dutch authorities Dutch baby Dutch bargain