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
Corporations can bring, maybe, something like $1 trillion of their shareholders’ money back … at a reasonable rate set by Dutch auction.
From Forbes ● Sep. 1, 2014
After dinner a sort of Dutch auction was held.
From A Century of Sail and Steam on the Niagara River by Barlow Cumberland
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