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Dutch auction

From Wiktionary, the free dictionary

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English

English Wikipedia has an article on:
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Pronunciation

  • (UK) IPA(key): /ˌdʌtʃ ˈɔːk.ʃən/
  • Audio (US):(file)

Noun

Dutch auction (plural Dutch auctions)

  1. An auction where many of the same items are sold.
  2. A reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy.

Translations

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