Dutch Auction

What is Dutch Auction?


1.

A reverse auction in which goods begins at a high asking price but are then offered at progressively lower prices until a bidder is found. A practice used on eBay.

The Dutch auction is how Dutch tulips are bidded on.

See miser, cheapskate, cheap, Bill the Cat


61

Random Words:

1. Another term for people from the Province of Quebec in Canada. Typically used by people not from Quebec. The man from Alberta refered t..
1. ..is a mixture of ‘eh’ and ‘ uh’. " So, euh,..What now?" 2. Exclamation deriving from early roots of blackmetal music. Cir..
1. To truly jack something up; To do something in a way that is completely and irreversibly jacked up. You should not go back to that salo..