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Dutch auction
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Dutch auction


  an auction method used in which the price is gradually lowered until it meets an acceptable bid and is sold
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Dutch auction Dutch auctions
Notes:
The Treasury uses this auction system when selling new notes or bonds to determine the lowest bid price that will sell the entire offering. The opposite is the "auction market" system used by major stock exchanges.
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Associated words [difficulty]:   Dutch auction , money order [5] , graveyard shift [7] , Information Technology (IT) [8] , loan shark [8] , on consignment [8] , petty cash [8] , promissory note [8] , fiscal year [9] , joint stock company [9] , negotiable instrument [9] , tax shelter [9] , trade association [9]
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Most commonly used in these subjects:   Business, Personal Finance
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