Dutch auction

Noun

 * 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.

Translations

 * Czech: holandská aukce
 * Dutch:, afslag bij afmijning,
 * French: adjudication à la hollandaise, enchère hollandaise, enchère inversée,
 * Polish: