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View synonyms for Dutch auction

Dutch auction

noun

  1. 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.


Dutch auction

noun

  1. an auction in which the price is lowered by stages until a buyer is found


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Word History and Origins

Origin of Dutch auction1

First recorded in 1860–65

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tortuous

[tawr-choo-uhs ]

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Dutch 200Dutch barn