reverse auction
n.— «Dardarian experienced a rarity in employment cases, but it’s common enough in the class action bar that there’s a name for it: the reverse auction. In big cases, defendants facing multiple suits can pit plaintiff firms against each other in hopes of getting the cheapest—and most comprehensive—settlement.» —“Reverse Auctions Lack Class” by Justin Scheck Law.com July 20, 2005. (source: Double-Tongued Dictionary)
Further reading
Cat hair may be something you brush off, but cat hair is also a slang term that means “money.” In the same way, cat beer isn’t alcoholic — some people use cat beer as a joking term for “milk.” And imagine walking on a...
There are eight major planets, but more than a million minor ones, including asteroids. If you discover one, you get the honor of naming it. The Dictionary of Minor Planet Names includes minor planets named for rock bands, jazz musicians, poets, and...