However, there is also the Dutch auction, where prices start high and go lower until somebody bites.
If two or more players had the same score at this point, a Dutch auction was conducted for the prize.
All of that is eliminated if you use the Dutch auction.
This kind of bid produces the same outcome as Dutch auction.
There is also another kind called a Dutch auction.
"A Dutch auction may not be the right answer, but its better than anything else that has come along."
The shares were among those tendered to the company in a Dutch auction.
It proposes to sell its shares in a version of a Dutch auction.
"We think the Dutch auction is the best vehicle to buy back the shares."
Under a Dutch auction, shareholders offer to sell a number of shares at a specific price within the stated range.
Wörterbuch für Finanzen