Definition of Dutch auction in English:

Dutch auction

Syllabification: Dutch auc·tion

noun

A method of selling in which the price is reduced until a buyer is found.
More example sentences
  • In a hermetic environment, a Dutch auction should price IPO shares about 3% below what the highest bidder is willing to pay.
  • The flotation - which set its price via a complex Dutch auction - ended up selling shares for $85.
  • Plenty of investors logged on for all three online Dutch auctions, pricing was good for the issuers, and investors got their full allocations.

Definition of Dutch auction in:

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Word of the day dinkum
Pronunciation: ˈdɪŋkəm
adjective
(of an article or person) genuine, honest, true