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clock auction [1 record]

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Alphabetical list of terms

Record 1 2012-05-07

English

Subject field(s)
  • Sales (Marketing)
  • Agricultural Economics
CONT

In auction theory, a clock auction is a dynamic auction in which multiple identical items are placed on the auction block and the auctioneer calls prices at set increments. Bidders place offers on the quantity of goods desired at a given price.

OBS

A clock auction can be ascending or descending.

French

Domaine(s)
  • Vente
  • Économie agricole
OBS

Une vente au cadran peut être ascendante ou descendante.

Spanish

Campo(s) temático(s)
  • Ventas (Comercialización)
  • Economía agrícola
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