reverse auction meaning

• [Business]
  noun [C]

  (Commerce )

  a type of auction in which prices go down rather than up as suppliers compete for a contract by offering to supply sth at a lower price than their competitors:

  The automaker recently tried out an online reverse auction for tires.

• 
  [Economics]
  A method of redeeming bonds in which holders express a price at which they will sell the bonds. This system is used by the Bank of England to buy back bonds that it has issued.

• Problems and solutions in the application of online reverse auction
• Risk-tolerance strategy of online reverse auctions for infinite divisible goods
• This section prescribes procedural guidelines including auction and reverse auction procedures.
• This led to a consolidation of the reverse auction service marketplace.
• The procedure is commonly referred to as a reverse auction.
• But do reverse auctions carry risks as well as benefits?
• In the past few years mobile reverse auction have evolved.
• What's more, the technology underlying reverse auctions is rapidly advancing.
• Like other deregulated electricity markets, California set prices using a reverse auction.
• A reverse auction is a method of driving procurement costs down for companies.

• "reverse auction" meaning in Chinese: 反拍卖
• "reverse auction" meaning in Japanese: リバース?オークション、逆オークション
• "reverse auction" meaning in Russian: обратный аукцион а) торг. = Dutch auction б) торг. , ф...