reverse auction
noun [ C ]
ukus COMMERCE
an occasion when several companies compete to offer the lowest prices for supplying goods or doing a job:
The contracting body will use an electronic reverse auction for the procurement process.
| 单词 | reverse auction |
| 释义 | reverse auction noun [ C ] ukus COMMERCE an occasion when several companies compete to offer the lowest prices for supplying goods or doing a job: The contracting body will use an electronic reverse auction for the procurement process. |
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