One of the mysteries of the English language finally explained.
A method of selling in which the price is reduced until a buyer is found.
- ‘Because it used the Dutch auction, it knows it is getting what people were really willing to pay, instead of what a coterie of investment bankers thought their friends and cronies should have to pay.’
- ‘The final price of the IPO in a Dutch auction is the lowest price at which all of the shares are sold.’
- ‘The internet's most popular search engine has filed to sell 25.7 million shares - at an estimated price range of $108 to $135 per share - in a so-called Dutch auction.’
- ‘We don't get into Dutch auctions for properties.’
- ‘An institution of modest complexity is the Dutch auction, in which the price for an item falls sequentially until it is sold to the first buyer who makes an offer.’
- ‘I am not saying we should try to outbid the Labour Party in a Dutch auction on modernity.’
- ‘I am not going to conduct a Dutch auction between you.’
- ‘Plenty of investors logged on for all three online Dutch auctions, pricing was good for the issuers, and investors got their full allocations.’
- ‘So there we have the master plan of New Labour revealed in all its imaginative glory; MP as investment scout, in a desperate Dutch auction in competition with other constituencies, or other countries.’
- ‘Both proponents and opponents of online Dutch auctions of corporate debt say one thing is clear: The system works best for large, plain-vanilla issues with good credit stories.’
- ‘Germany's looming general election has developed into a Dutch auction for the key East German vote as the country's two main parties woo voters east of the former Iron Curtain.’
- ‘Bought for something in the mid- £30,000s after becoming embroiled in a Dutch auction with a local who wanted to sell off the stonework, the couple then found they couldn't afford to realise their dream.’
- ‘The company, which maintains tens of thousands of computers to help locate information on the Web almost instantly, has also explored the idea of a so-called Dutch auction, bypassing Wall Street and selling shares directly to investors.’
- ‘The final per-item price in a Dutch auction is determined by the lowest of the winning bids.’
- ‘Now that the Conservative manifesto is likely to suggest slashing the licence fee, it is not hard to see a vengeful New Labour starting a Dutch auction, cutting and cutting.’
- ‘In a hermetic environment, a Dutch auction should price IPO shares about 3% below what the highest bidder is willing to pay.’
- ‘Palliatives like the Dutch auction, even if they could overcome the opposition of powerful business interests, which is doubtful, could at most change the form of the disease, rather than effect a cure.’
- ‘The flotation - which set its price via a complex Dutch auction - ended up selling shares for $85.’
- ‘In a Dutch auction, where the best bid wins, smaller, less-well-connected investors are on an equal footing with the heavy-weights, and are much more likely to get their allocation than they are in a syndicate underwriting.’
- ‘Such speculation only fuels suspicion, ulterior motives, dis-belief, accusations of Dutch auctions and whatever, anything but good for either the protagonists or the sport.’
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