TERMIUM Plus®

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ASCENDING AUCTION [1 record]

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Alphabetical list of terms

Record 1 2012-03-12

English

Subject field(s)
  • Sales (Marketing)
CONT

In ascending auctions, the auctioneer raises the price as long as more than one person is willing to pay the current price.

Key term(s)
  • ascending price auction
  • ascending bid auction

French

Domaine(s)
  • Vente
CONT

Dans les enchères ascendantes, [le] prix de départ est faible, et les acheteurs potentiels vont surenchérir à la hausse.

Spanish

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