Dutch auction

English

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

auction of many of the same item

reverse auction

• Czech: holandská aukce f
• Dutch: afslag (nl) m, afslag bij afmijning m, veiling bij afslag (nl) f
• French: adjudication à la hollandaise f, enchère hollandaise f, enchère inversée f, enchère descendante (fr) f
• Polish: aukcja holenderska (pl) f