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dutch auctions (0 synonym found)
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Definition of dutch auctions:
(n) :
A reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy.
(n) :
An auction where many of the same items are sold.
Definition of dutch auctions:
(n) :
A reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy.
(n) :
An auction where many of the same items are sold.
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