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单词 Dutch auction
释义

Dutch auction

Definition
Type of forward auction, in which a seller of a large block of items seeks bids within a specified price range for the whole block. The auction begins with a high starting price which is progressively lowered until the seller finds an acceptable bid. Tulips in Holland, and treasury bonds in the US, are auctioned in this manner.
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更新时间:2025/3/9 10:35:25