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Definition of Dutch auction
1. Noun. A method of selling in which the price is reduced until a buyer is found.
Definition of Dutch auction
1. Noun. an auction where many of the same item are sold. ¹
2. Noun. a reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Dutch Auction
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