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Meaning of Dutch auction | Babel Free

Noun CEFR B2
/ˌdʌtʃ ˈɔːk.ʃən/

Definitions

  1. An auction where many of the same items are sold.
  2. A reverse auction that starts at a high price that is gradually reduced by the auctioneer until someone is willing to buy.

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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