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
Selwyn	SEL-win	English (Rare)
NarcÍS	-	Catalan
Kameron	KAM-rən, KAM-ə-rən	English (Modern)
Cadence	KAY-dənts	English (Modern)
Myrtle	['mə:tl]
Bonaventure	bawn-ə-VEN-chər (English)	History