Dutch auction
Americannoun
noun
Etymology
Origin of Dutch auction
First recorded in 1860–65
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
It said it would ditch the popular Dutch auction style of minting, in which an NFT goes up for sale at a certain ceiling price and is then incrementally lowered over time.
From The Verge ● May 1, 2022
Enter buybacks and tender offers, such as the Dutch auction for up to $7.5 billion in stock that AbbVie Inc. began at the beginning of May.
From Los Angeles Times ● May 28, 2018
The process will start off similar to a Dutch auction, in which values are set at a high level and then diminish until the FCC gets the licenses it needs at the lowest possible price.
From The Wall Street Journal ● Jan. 6, 2016
A Dutch auction would maximize income for the country.
From New York Times ● Jul. 20, 2015
All the shows were in full operation; streams of people went to and fro; the booths were making a fortune; the Dutch auction was giving away its wares—if the auctioneer might be relied on.
From Glories of Spain by Charles W. (William) Wood
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
