
Dutch auction

Translation dutch auction into russian
dutch auction
The company decided to sell its assets through a Dutch auction.
Компания решила продать свои активы через голландский аукцион.
Definitions
A Dutch auction is a type of auction in which the auctioneer starts with a high price and gradually lowers it until a participant accepts the current price, at which point the item is sold. This method is often used for selling multiple identical items or in situations where time is of the essence.