Dutch auction
its a bit like a dutch-runner but you have to pay the person who’s doing it.
geoff: i’ll pay you £5!
fil: i’ll pay you £20!
mitch: fair enough, fil wins this dutch auction, when do we start?
n. (1) an auction having several of the same item up for bid at once, with a minimum bid. bidding starts with people offering a fixed price at or above the minimum for a certain number of, or all of, the items available. highest offered price wins, regardless of how many items were bid on by that bidder, and winners then descend by final offered price.
a feature unique to this style of auction is that, if a lower-bidding partic-p-nt bid for x items, but due to higher-bidding winners could only buy fewer than x, he has the right to back out and purchase none at all.
(2) a form of auction similar to the above, once but no longer held on ebay, in which the same rules were generally followed, with rules for bid times and final winning prices calculated slightly differently.
they had ten signed nfl footb-lls up at the stadium that they were dutch auctioning off for charity- one guy got 5, one got 2, and i got 3 and paid the least!
a reverse auction in which goods begins at a high asking price but are then offered at progressively lower prices until a bidder is found. a practice used on ebay.
the dutch auction is how dutch tulips are bidded on.
Read Also:
- dusty buddy
a dirty -ss n-gg- look at po p-ssy dusty buddy
- Dutch Tuckie
the p-n-s and t-st-c-ls are put into a condom then inserted into the -n-s . i gave that wh-r- a rough dutch tuckie
- DYEL
dyel stands for do you even lift. it’s for someone that at first sight doesn’t look like the type of person that goes to the gym or lifts weights. it’s mostly applied for people that workout but still see no result. even after 2 years at the gym, i still have dyel
- dykeabetes
the combination of dyk- and diabetes(the sugars). slang term commonly used to describe the fat chick at a bar, who could very possible have a physical illness due to obesity, as well as looking like a lesbian. joe: hey ted, look at that chick over there, i’m bettin on 300 pounds. ted: well 300 dollars […]
- red carpeting
when you and your friends sit back and comment on anyone you see walking by look at the fat chick with the shirt on that says “cutie”… seriously? you see that dude’s shoes? didn’t know they still made l.a. gear!!! sam and i were at the bar the other night, and we were red carpeting […]