Dutch auction

Dutch auction
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.
[1860-65]

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Universalium. 2010.

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  • dutch auction — If something is sold by setting a price, then reducing it until someone buys it, it is sold in a Dutch auction. It can also mean that something is changed until it is accepted by everyone …   The small dictionary of idiomes

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  • Dutch auction — ► NOUN ▪ a method of selling in which the price is reduced until a buyer is found …   English terms dictionary

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