411 REFERENCE · Wiktionary
Dutch auction
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Pronunciation
en /ˌdʌtʃ ˈɔːk.ʃən/ UK
en LL-Q1860 (eng)-Persent101-Dutch auction.wav US
Noun
An auction where many of the same items are sold.
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: cs holandská aukce f
Dutch: nl afslag m, nl afslag bij afmijning m, nl veiling bij afslag f
French: fr adjudication à la hollandaise f, fr enchère hollandaise f, fr enchère inversée f, fr enchère descendante f
Polish: pl aukcja holenderska f