单词 | dutch auction |
释义 | > as lemmasDutch auction Dutch auction n. see auction n. ΘΚΠ society > trade and finance > selling > a public sale > [noun] > auction > Dutch auction mock auction1770 rig1825 Dutch auction1859 run-out1934 1859 G. A. Sala Twice round Clock 21 The sale is conducted on the principle of what is termed a ‘Dutch auction’, purchasers not being allowed to inspect the fish in the doubles before they bid. 1872 Daily Tel. 30 Nov. (Farmer) The old Dutch auction, by which an article was put up at a high price, and, if nobody accepted the offer, then reduced to a lower, the sum first required being gradually decreased until a fair value was attained. < as lemmas |
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