Sentence examples for a reverse auction from inspiring English sources

The procedure is commonly referred to as a reverse auction.

In a reverse auction, sellers compete for the right to provide goods or services.

The Illumio software uses a reverse auction model to restrict the answer to the best expert.

Like other deregulated electricity markets, California set prices using a reverse auction.

We primarily consider B2B transactions in a reverse auction, that is, a procurement setting.

In 2004, when Google went public, it used a reverse auction to let anyone get shares.

The centrepiece of the government's Direct Action climate policy is a reverse-auction, in which polluters bid for funding to pollute less.

Demandline is one of a crop of services that creates buying groups of small business customers, and uses a reverse-auction format to let the customer group name the prices they are willing to pay for goods and services.

To deliver that, the report calls for a national roll-out of a reverse-auction, where tenders are sought for the cheapest delivery of the required types of renewable energy.

Each Thursday, Bid4Spots holds a reverse-auction where businesses post their commercials and more than 3,200 radio stations across the country are invited to submit bids to broadcast them.

Last year, a group of longtime Silicon Valley software developers founded Liquidprice, a reverse-auction Web service, which allows electronics retailers and auto dealers to bid for the business of individual consumers on the basis of where they live and what products they want.