reverse auction
noun
Any of various types of auction in which the normal bidding process is modified, specifically one in which the purchaser of a product or service invites bids from multiple vendors and typically selects the lowest offer.
Origin
Early 20th century.
- mandarin orange
- mandarin vase
- mandat
- mandatary
- mandate
- mandative
- mandator
- mandatorily
- mandatory
- mandatory award
- mandatory grant
- mandatory retirement
- man-day
- M and B
- Mande
- Mandean
- man defence
- man defense
- Mandeism
- Mandela, Nelson
- Mandela Plan
- Mandela University
- Mandelbrot, Benoît
- posse comitatus
- Posse Comitatus Act