starting price
The term "starting price" has specific meanings in auctions, general sales, and horse racing contexts.
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Definition
B2Auctions
(general)The initial amount at which an item is offered for sale.
Example
- The starting price for the painting was set at $1,000.
B2General Sales
(general)The base price of a product or service when it first becomes available.
Example
- The starting price of the new smartphone is $699.
C1Horse Racing
(technical, sports)The final odds on a horse when the race begins, used for settling bets.
Example
- The horse won with a starting price of 5/1.
Similar
Terms that have similar or relatively close meanings to "starting price":
sale priceprice upprice pointcost pricemarket priceprice tagat a priceprice outhammer price