Dutch Auction
It is a type of auction where the price of the item starts from the highest point, and lowers until someone bids the price, or the price reach determined reserve price (it is the lower price that seller accepts).
| Related Terms: |
It is a type of auction where the price of the item starts from the highest point, and lowers until someone bids the price, or the price reach determined reserve price (it is the lower price that seller accepts).
| Related Terms: |