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SourceLaw Dictionary Browse Letter D

Dutch Auction

Legal definition for Indian law research

Definition

Dutch auction, the setting up of property for sale by auction above its value, and gradually lowering the price till some person takes it.

Dutch auction, is one where property is offered at a certain price and them successively at lower prices until one is accepted, Halsbury's Laws of England (2), para 901. p. 435,

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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