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Dutch Auction

Description:

A Dutch auction is a type of auction in which the auctioneer starts with a high asking price that is progressively lowered until a participant is willing to accept the price set. It is commonly used to sell goods or securities.

Senses and Usages:

1. Noun: A method of selling goods or securities where the price is gradually reduced.
2. Verb: To sell goods or securities through a Dutch auction process.

Sample Sentences:

1. The artwork was sold using a Dutch auction, with the price dropping every minute until someone bid.

2. The company decided to Dutch auction its shares to give potential investors a fair opportunity to purchase at a lower price.

Related Products:

Dutch Auction Goods on Amazon

Dutch Auction Securities on Amazon