Dutch auction Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "Dutch auction" - Business English Dictionary

Dutch auction

noun [C]
 
 
COMMERCE an auction (= public sale) at which the price being asked for something is slowly reduced until someone will buy it: Some traders, especially those selling fruit, would stand on their stalls and sell their goods by Dutch auction.
FINANCE a situation in which two or more groups compete to see who can reduce an amount the most: The tendering process must not be a "Dutch auction": unfairly trading one tenderer off against another by using the lowest tender to seek a reduction in time or costs from the others. The Government and opposition are engaged in a Dutch auction over who would cut the most civil service jobs.
FINANCE in the US, a system used by a company that wants to buy back its shares. The company sets the minimum and maximum prices it is willing to buy at, the shareholders state which price they would be willing to sell at, and the company then chooses which shareholders to buy from: Hambrecht conducts so-called Dutch auctions, in which the price is set at the highest possible level that allows all shares to be sold.
COMMERCE a uniform price auction
(Definition of Dutch auction from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of Dutch auction?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “Dutch auction”

Word of the Day
truth

the quality of being true

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

generation pause noun
generation pause noun
July 06, 2015
informal young adults who are not able to do things previously typical for their age group such as buy a home or start a family because of lack of money Meanwhile, a new study released last week revealed a quarter of Brits believe they’ll never own a property, leading them to be

Read More