/ English Dictionary |
DUTCH AUCTION
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
A method of selling in which the price is reduced until a buyer is found
Classified under:
Nouns denoting acts or actions
Hypernyms ("dutch auction" is a kind of...):
marketing; merchandising; selling (the exchange of goods for an agreed sum of money)
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