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reverse auction

German translation: umgekehrte Auktion

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:reverse auction
German translation:umgekehrte Auktion
Entered by: Brigitte Gendebien
Options:
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01:40 Jun 12, 2000
English to German translations [PRO]
Bus/Financial
English term or phrase: reverse auction
This is a trading model where a buyer invites many suppliers to bid
gd
Umgekehrte Auktion
Explanation:
Ich hatte vor einigen Wochen eine Übersetzung mit genau demselben Begriff und habe ihn so übersetzt, weil es den Sinn erfasst (normale Auktion: Lieferant bietet was an, Käufer bietet Kaufpreis; umgekehrte Auktion: Käufer lässt Lieferanten bieten und kauft dann das Preiswerteste).
Selected response from:

Antje Lücke
Germany
Local time: 19:46
Grading comment
Danke, so sehe ich das auch. Es hat sich offensichtlich noch nichts anderes eingebürgert.
Günter
4 KudoZ points were awarded for this answer

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Summary of answers provided
naAnbieterauktionRainer Pawellek
naAgreement with Zazie and background infoDan McCrosky
naUmgekehrte AuktionAntje Lücke


  

Answers


29 mins
Umgekehrte Auktion


Explanation:
Ich hatte vor einigen Wochen eine Übersetzung mit genau demselben Begriff und habe ihn so übersetzt, weil es den Sinn erfasst (normale Auktion: Lieferant bietet was an, Käufer bietet Kaufpreis; umgekehrte Auktion: Käufer lässt Lieferanten bieten und kauft dann das Preiswerteste).

Antje Lücke
Germany
Local time: 19:46
Native speaker of: German
PRO pts in pair: 160
Grading comment
Danke, so sehe ich das auch. Es hat sich offensichtlich noch nichts anderes eingebürgert.
Günter
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3 hrs
Agreement with Zazie and background info


Explanation:
The following reference agrees with Zazie and provides background info:

http://www.travelbids.com/WhatIsReverse.htm

"A "reverse" auction is an auction with a twist! With a traditional auction, a limited number of items are put up for sale by sellers, and prospective buyers enter bids. Naturally, the buyers can only enter bids on items that have been put up for sale. This is a major limitation of a traditional auction -- limited items are up for sale. With a "reverse" auction, on the other hand, prospective buyers can list any items that they wish to buy, and then sellers bid to provide the best price. This concept is much more consumer oriented! The consumer decides the exact specifications of each item, instead of the specifications being dictated by the seller. Up until the introduction of the Internet, it was not feasible to conduct a reverse auction. Now, the TravelBids auction has become the first one. The term "reverse auction" was coined by Hal Segal, TravelBids' founder, in 1996."

and this one agrees with the translation:

http://multimedia.hightext.de/k.vip/prartikel1/9374917501088...

Zum Dritten, zum Zweiten, zum Ersten! Reverse Auctions bei Atrada! Herausgeber: Atrada Trading Network AG Datum: 05.10.99 Exponet Zum Dritten, zum Zweiten, zum Ersten! Reverse Auctions bei Atrada (iBOT) Als erste deutsche E-Commerce Site bietet http://www.atrada.de umgekehrte Auktionen: Der Interessent bestimmt einen Höchstpreis, die Anbieter unterbieten sich.

In the future however, we will all have to check our own contexts carefully because a Declining Price Auction with one supplier and many bidders is also sometimes referred to as a Reverse Auction, as you can see at the following site:

http://www.reverseauction.com/jsp/auctions/PostReverseAuctio...

Starting Price $ ________ The Maximum that you will accept for each item.

Remember this is a Declining Price Auction!

Reserve Price $ ________ The Minimum that you will accept for each item.



Dan McCrosky
Local time: 19:46
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 390
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2 days 1 hr
Anbieterauktion


Explanation:
A reverse auction, also known as "Dutch auction", is an auction in which bidders are invited to offer their lowest prices. See web auction sites like ricardo.de or oferto.de, for instance.

Rainer Pawellek
Local time: 19:46
Native speaker of: Native in GermanGerman
PRO pts in pair: 127
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