English Dictionary |
DUTCH AUCTION
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Dictionary entry overview: What does dutch auction mean?
• DUTCH AUCTION (noun)
The noun DUTCH AUCTION has 1 sense:
1. a method of selling in which the price is reduced until a buyer is found
Familiarity information: DUTCH AUCTION used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A method of selling in which the price is reduced until a buyer is found
Classified under:
Nouns denoting acts or actions
Hypernyms ("dutch auction" is a kind of...):
marketing; merchandising; selling (the exchange of goods for an agreed sum of money)
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"Be aware of the idiot, for he is like an old dress. Every time you patch it, the wind will tear it back again." (Arabic proverb)
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