dutch auction Synonyms
No Synonyms and anytonyms found
dutch auction Meaning
Wordnet
dutch auction (n)
a method of selling in which the price is reduced until a buyer is found
dutch auction Sentence Examples
- A Dutch auction is a type of auction in which the price of an item decreases until someone agrees to buy it.
- In a Dutch auction, the auctioneer starts with a high price and gradually lowers it until a bidder agrees to buy the item.
- Dutch auctions are often used to sell perishable goods, such as flowers and fish, because they help to ensure that the goods are sold quickly.
- Dutch auctions are also used to sell government bonds and other financial instruments.
- The Dutch auction is named after the country of the Netherlands, where it was first used.
- The Dutch auction is also known as a descending price auction.
- The opposite of a Dutch auction is an English auction, in which the price of an item increases until someone agrees to buy it.
- Dutch auctions are often used to sell items that have a high demand, such as tickets to concerts and sporting events.
- Dutch auctions can be used to sell a variety of items, including art, antiques, and real estate.
- Dutch auctions are typically conducted by an auctioneer who is responsible for setting the starting price and lowering it until a bidder agrees to buy the item.
FAQs About the word dutch auction
a method of selling in which the price is reduced until a buyer is found
No synonyms found.
No antonyms found.
A Dutch auction is a type of auction in which the price of an item decreases until someone agrees to buy it.
In a Dutch auction, the auctioneer starts with a high price and gradually lowers it until a bidder agrees to buy the item.
Dutch auctions are often used to sell perishable goods, such as flowers and fish, because they help to ensure that the goods are sold quickly.
Dutch auctions are also used to sell government bonds and other financial instruments.
