Dutch auction

an auction or sale that starts off with a high asking price that is then reduced until a buyer is found. (Viewed by some as insulting to the Dutch.) Dutch auctions are rare—most auctioneers start with a lower price than they hope to obtain. My real estate agent advised me to ask a reasonable price for my house rather than get involved with a Dutch auction.

Common Names:

Name	Pronounced	Usage
Ainsworth	['einzwɜ:θ]
Amenhotep	ah-mən-HO-tep (English)	Ancient Egyptian
CÁNdida	KAHN-dhee-dhah	Spanish
Taide	-	Italian (Rare)
Coinneach	-	Scottish
CĂTĂLin	-	Romanian