### Question
How is the "reverse auction" defined?


### Answer
The term **reverse auction** is defined in *47 U.S.C. § 1401* as follows -

> the portion of an incentive auction of broadcast television spectrum under section 1452(a) of this title, in which a broadcast television licensee may submit bids stating the amount it would accept for voluntarily relinquishing some or all of its broadcast television spectrum usage rights

#### Citation:
  - *47 U.S.C. § 1401*
  - Heading: **CHAPTER 13-PUBLIC SAFETY COMMUNICATIONS AND ELECTROMAGNETIC SPECTRUM AUCTIONS**

