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 — Dutch Dutch, a. [D. duitsch German; or G. deutsch, orig., popular, national, OD. dietsc, MHG. diutsch, tiutsch, OHG. diutisk, fr. diot, diota, a people, a nation; akin to AS. pe[ o]d, OS. thiod, thioda, Goth. piuda; cf. Lith. tauta land, OIr.… …   The Collaborative International Dictionary of English

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  • Dutch auction — Auction Auc tion, n. [L. auctio an increasing, a public sale, where the price was called out, and the article to be sold was adjudged to the last increaser of the price, or the highest bidder, fr. L. augere, auctum, to increase. See {Augment}.] 1 …   The Collaborative International Dictionary of English

  • 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

  • Dutch auction — n. 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 …   English World dictionary

  • Dutch auction — n [U and C] a public sale at which the price of something is gradually reduced until someone will pay it …   Dictionary of contemporary English

  • Dutch auction — noun count a sale in which the price of something gradually goes down until someone agrees to buy it …   Usage of the words and phrases in modern English

  • 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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